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Dariusz Kowalczyk Quotes
«We might see a bigger drawdown than the market consensus. I expect refining rates to have gone up last week.»
Author: Dariusz Kowalczyk
«Conflict between Ukraine and Russia will drive up prices of natural gas and this should have some correlated effect on crude. The only leverage that Ukraine has is that the pipeline to Europe goes through its territory.»
Author: Dariusz Kowalczyk
«The use of heating oil is 17 pct down in the Northeast (US) ... this would mean less demand and a downward push on prices.»
Author: Dariusz Kowalczyk
«A disruption could cause crude prices to really sky rocket.»
Author: Dariusz Kowalczyk
«The big one-day drop on Wednesday was a reaction to the stronger-than-expected build in crude and product stocks, while demand remained weak.»
Author: Dariusz Kowalczyk
«I'm surprised that we are at current levels, because the geopolitical uncertainties haven't changed much since oil was at about $68-69 in late January -- Iran is still carrying on with nuclear testing.»
Author: Dariusz Kowalczyk
«The IAEA meeting is paramount in investors' minds, because it has the potential to alter the demand-supply equilibrium.»
Author: Dariusz Kowalczyk
«The IAEA meeting is paramount on investors' minds, because it has the potential to alter the demand supply equilibrium.»
Author: Dariusz Kowalczyk
«I think it's mostly the uncertainty regarding the situation in Iran and the very clear decision of the IAEA to refer the country to the UN Security Council.»
Author: Dariusz Kowalczyk
«Fundamentals in the U.S. are bearish. Low U.S. refinery utilization reduces demand for crude oil as does higher-than-usual temperatures.»
Author: Dariusz Kowalczyk