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Letter "T" » Tony Nunan Quotes
«The Iranian situation is kind of dropping into the background.»
«After the hostages were released, it kind of eased some of the tension.»
«This Iranian situation is going to fester and continue and flare up from time to time so I wouldn't put too much weight on the report.»
«It probably won't affect Iran flows, but the impact of that small possibility would be so huge you've got to factor it in. There's also the long-term impact on production with very little investment flow to Iran.»
«But geopolitical factors have calmed down now and the Saudis have taken serious steps to quash the terrorist risk.»
«The market expects bearish inventories, with crude up by 1.5 million barrels, distillates down 1.7 million barrels and gasoline supplies unchanged.»
«It's breaking it again. It is a pretty bearish [negative] market with the huge builds in crude in the US.»
«Gasoline seems to be the main driver in the Asian market today .»
«It's a crazy market. Prices look strong one week because of the draws (declines) in gasoline. If we get another big draw this week, the market will be even stronger.»
«This market is ready to blow.»