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Letter "R" » Rakesh Shankar Quotes
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«Inventories for this time of the year remain well above average, and in the upper end of the average range for this time of the year.»
Author: Rakesh Shankar
«There are some fears now in the natural-gas market of a return to colder than average weather for the next few weeks.»
Author: Rakesh Shankar
«At this pace, all the pieces are in place for both total crude and gasoline prices to ease before the peak summer driving season sets in, as we expect.»
Author: Rakesh Shankar
«Inventories for this time of the year remain astoundingly above average.»
Author: Rakesh Shankar
«With production along the Gulf Coast slowly, but surely coming back on line, the outlook for inventories is positive.»
Author: Rakesh Shankar
«For nearly five straight weeks, the EIA stock report has now surprised the market with inventory numbers on the upside. As a result, prices for crude especially will revert to the lower numbers seen in December.»
Author: Rakesh Shankar
«Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks.»
Author: Rakesh Shankar
«The drawdown in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns.»
Author: Rakesh Shankar
«This report marks a healthy start to the gasoline buildup for the summer driving season. A few more weeks of this kind of healthy build will help further assure the market that gasoline prices this summer will head south.»
Author: Rakesh Shankar
«The draw down in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns.»
Author: Rakesh Shankar
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