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Letter "J" » Jim Ritterbusch Quotes
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«Crude supply is no longer an issue. We have plenty of it. However, that crude number is being countered to some extent by the large decline in gasoline stocks.»
Author: Jim Ritterbusch
«The U.S. dollar recovery yesterday and today is forcing some funds to part with their longs. They were looking for an excuse to take some profits and they found that excuse in the dollar strength.»
Author: Jim Ritterbusch
«We're home free for the summer.»
Author: Jim Ritterbusch
«We're not seeing enough pickup in production or imports. This should be enough to support the whole energy complex through the balance of the week.»
Author: Jim Ritterbusch
«The big thing was that products stocks were up at expense of crude. The good news is we're building products supplies; the bad news is crude supplies are back down toward historic low levels.»
Author: Jim Ritterbusch
«Bottom line, refinery demand simply isn't there.»
Author: Jim Ritterbusch
«It's still somewhat of a coin toss. The odds lean against the possibility of this coming up the Houston Ship Channel.»
Author: Jim Ritterbusch
«That build (in gasoline) is very mysterious, driven by another big drop in demand.»
Author: Jim Ritterbusch
«The numbers didn't do much to slow the rally down,»
Author: Jim Ritterbusch
«But they do provide evidence that the oil infrastructure can bounce back pretty quickly after a really bad storm. These gasoline numbers give a cushion.»
Author: Jim Ritterbusch
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