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Michael Fitzpatrick Quotes
«After a mild start to the week, temperatures in the Northeast and Midwest, key gas consuming markets, were expected to cool to below-normal later this week and next week.»
Author: Michael Fitzpatrick
«Still, brimming stocks should keep any rally in check, late week cold notwithstanding.»
Author: Michael Fitzpatrick
«Certainly the current supply fundamentals make it difficult to bid up prices much further.»
Author: Michael Fitzpatrick
«Crude inventories are at extraordinarily high levels, due in part to a steady flow of imports in recent months, giving the market a thick buffer against potential supply disruptions.»
Author: Michael Fitzpatrick
«Sometimes, the jobs we do seem to go unheralded, but I want you to know that is not the case. There are those who cheer us from afar. Although the applause doesn't always make it back to us, today we are celebrating an instance where it has.»
Author: Michael Fitzpatrick
«We are in a waiting pattern until the numbers are released. The conditions that brought us to these levels remain, so we may resume our move higher once the report is digested.»
Author: Michael Fitzpatrick
«The weekly inventory numbers caught the market by surprise again. The unanimous UN decision demanding Iran stop nuclear enrichment probably rekindled concern that Iran will use oil as a political weapon.»
Author: Michael Fitzpatrick
«The UN-Iran conflict will recede a bit in coming sessions since the UN won't look back into the situation for 30 days. Iran now has 30 days to posture, it can issue some harsh words and in the end negotiate better terms when the deadline approaches.»
Author: Michael Fitzpatrick
«With Iran indicating on Thursday that they would not stop enriching uranium, fears of sanctions surfaced which probably prompted fresh speculative buying.»
Author: Michael Fitzpatrick
«The US is quickly skirting the winter period without a significant supply shock -- the next few days' drop below seasonal temperatures notwithstanding.»
Author: Michael Fitzpatrick