(240 quotes found)
“If prices jump another $5, I think it will give the Saudis a stronger hand, but continued weakness will give OPEC hawks more power,”
Phil Flynn
“The market is showing you that there is still a bullish undertow despite the fact that crude inventories are solid,”
“OPEC has a history of trying to jawbone the market, ... It appears OPEC is trying to take a little steam out of the rally and keep prices under control.”
“A lot of people just don't believe the buildup, ... The market's not buying rumors of slowing demand.”
“The market has been bullish on distillates, and refiners are maxing out distillate production to get in on this,”
“This really shows how OPEC has lost control over this market,”
“It doesn't matter what moves OPEC makes as long as demand is growing like this, ... There will come a point when no matter how much those countries produce, there won't be extra ... and they lack the spare capacity as it is.”
“If the market senses that refiners can handle both, then prices will stay lower,”
“It's been one thing after another.”
“The market has been spooked by warm weather,”
