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Letter "D" » David Thurtell Quotes
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«The crude stock build exceeded expectations and that was an excuse for some guys to take money off the table.»
Author: David Thurtell
«There was more relief in Asian trade today that Hurricane Wilma seems to be staying out of the way of Gulf facilities.»
Author: David Thurtell
«The hurricane season goes on till the end of November, so we're not out of the woods yet. But at least the chances of another hurricane forming are getting narrower and narrower.»
Author: David Thurtell
«Provided we don't get any disruptions to supply, it looks like prices could have short-term weakness. But if we get a much colder winter, it could send prices into the sixties range again.»
Author: David Thurtell
«Oil could ease back a bit today, though the hurricane season runs into November so we're not out of the woods yet. Asian demand is still pretty strong, so we're likely to see some buying if it goes much below $60.»
Author: David Thurtell
«In my view, prices had probably gone down too far, especially with peak demand winter season looming.»
Author: David Thurtell
«The worry is that if prices come off a bit, demand will rebound and we've still got to deal with the Northern Hemisphere winter.»
Author: David Thurtell
«All we need is a bit of a cold snap and suddenly it could easily push back up. We're still in that lull period where the summer driving season is over but we haven't hit peak winter demand.»
Author: David Thurtell
«Companies will still deal with the Chinese in the future. They are big players, and it's a brave player who refuses to deal with them. But companies and brokers may demand deals be confirmed all the way up the line.»
Author: David Thurtell
«It looks now as if Rita is not going to go through the main refinery region. Because all these plants have closed for precautionary reasons there have been problems with gasoline supply, which drove prices higher yesterday. Still, it looks as if there's not going to be so much damage to the bigger refining sites.»
Author: David Thurtell
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