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David Thurtell Quotes
«There's been a lot of damage to refineries in the region and that's the main concern. You can have as much crude as you want on hand but if you've got no way of turning it into product you do have a problem.»
Author: David Thurtell
«The main reason that prices are falling now is that demand, especially in the United States, has been impacted by high prices.»
Author: David Thurtell
«People are reacting to these higher prices.»
Author: David Thurtell
«Lost refining capacity in the Gulf of Mexico and problems in France are a short-term weakness in crude.»
Author: David Thurtell
«It looks encouraging that some of the French strikes are ending, but the hurricane season is not over yet and a significant amount of U.S. production remains shut.»
Author: David Thurtell
«Peak demand for winter fuel in the northern hemisphere is what is going to be driving oil prices in the fourth-quarter.»
Author: David Thurtell
«Let's not forget that refining capacity in the U.S has been severely knocked out by the hurricanes, which hit the Gulf Coast in September.»
Author: David Thurtell
«Gulf production is really struggling. It's very unlikely that prices are going to come significantly under $60 in the next few months.»
Author: David Thurtell
«There are worries about demand going forward, but in the overall scheme of things, oil prices are still exceptionally high and are still vulnerable to supply hitches.»
Author: David Thurtell
«Everything's gone wrong in the oil market recently. If you wanted to paint the worst scenario picture, you couldn't do much better.»
Author: David Thurtell