“U.S. gasoline may be rattling people's cages. We're going to see another steep draw. That, Nigeria and Iran are the market's three hot buttons right now.”
Deborah White
“Concern about supply means the risk premium in prices is on the rise. Iran is the major problem, but Nigeria coming on top makes matters worse.”
Dariusz Kowalczyk
“Geo-political factors in [Iran and Nigeria] could bring prices back up quickly. Any downside in prices is limited by these geo-political fears.”
Victor Shum
“With lingering concerns over Iran, Nigeria ... the market is correcting upwards because it is focusing on fears in the geo- political realm.”
“We are still quite strong in spite of expectations for product stock builds. Question marks over Nigeria and Iran and the effects of cold weather in Russia, which have reduced exports, are providing a lot of support.”
Christopher Bellew
“The market has been responding to the uncertain political situation -- Iran, Nigeria and intensifying military activity in Iraq .”
“I wouldn't be surprised if we go back above $70 a barrel. Nigeria, Iran and the U.S. gasoline market could all push us there.”
Rick Mueller
