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Letter "J" » Jason Schenker Quotes
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«This is a situation where you've got a lot of supply on hand, leading to a drop in prices.»
Author: Jason Schenker
«Given OPEC's decision to keep quotas unchanged, Iranian guarantees of oil supply and U.S. statements excluding the possibility of oil sanctions, crude is poised to fall next week.»
Author: Jason Schenker
«There are nice, healthy builds across the board, even in distillates. Barring a major geopolitical disruption, or things changing with OPEC, there will be pressure to the downside.»
Author: Jason Schenker
«A couple of weeks ago we saw prices were moving toward $70 again. This is a very volatile marketplace but I think on the whole we are likely to see the average price this year higher than last year.»
Author: Jason Schenker
«The month-over-month increase at 0.4 percent was the swiftest rate since January 2005. The implication is that core inflation may be rising.»
Author: Jason Schenker
«For the moment, however, we stand by our 5 percent forecast to be achieved by the May [Fed policy] meeting.»
Author: Jason Schenker
«We've recently seen a series of minor conflagrations in Nigeria, which are resolved swiftly. The headlines raise awareness in the market but the price rises soon fade.»
Author: Jason Schenker
«If it remains this close to 2 percent, then I think economically speaking, we're sitting pretty. I don't think this changes what the Fed does in May. I think another rate hike is likely then. But I think it stems the talk of rates rising as high as 5.25 percent, at least for now.»
Author: Jason Schenker
«The most disconcerting part of the PPI report today was the rate of final core producer price pressures in January.»
Author: Jason Schenker
«The Iran situation will stay in the background until early March when both the IAEA and OPEC meet.»
Author: Jason Schenker
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