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Letter "G" » Gerard Burg Quotes
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«Obviously the main uncertainty in the steel market is the level of production from China. It's really the key uncertainty and that will impact on decisions made by steelmakers.»
Author: Gerard Burg
«Reports of market tightness at the time of settlement play into contract prices.»
Author: Gerard Burg
«Crude inventories went in the opposite direction to the consensus view among analysts. That's taken crude oil up a little higher.»
Author: Gerard Burg
«Copper is often perceived to be the barometer for market conditions and therefore a significant fall in copper prices could remove speculative support from other metals.»
Author: Gerard Burg
«In terms of being able to dictate prices, iron ore producers will continue to have pricing power until supply moves into a surplus position, which is unlikely in the short term.»
Author: Gerard Burg
«We see prices continuing to rise during the year but the real question is whether we have pushed up a bit too high with speculative interests. I wouldn't be surprised if it came off a little.»
Author: Gerard Burg
«The expectation is for a crude oil build and a modest decline in gasoline. These factors are at the fore until we hear more of the political issues in Iran.»
Author: Gerard Burg
«The crude figures were pretty bearish. Crude going up by almost 5 million barrels was more than people were expecting. Gasoline was broadly within expectations so there was little upside from that.»
Author: Gerard Burg
«The market is not really factoring in the true impact of military action but the mere mention of it sends prices higher.»
Author: Gerard Burg
«Again it's the story of gasoline inventories ... providing a bit more support for prices.»
Author: Gerard Burg
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