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Tobin Gorey quotes

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    I Like this quote I dislike this quote“But if Iran withdrew, that would leave a substantial gap in the market. In any case, the oil price is likely to remain high because global demand is so strong.”

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    I Like this quote I dislike this quote“Something that could have squeezed supply a bit tighter would be a sustained cold snap and there just hasn't been the cold weather in the U.S. yet to test out just how well the market can supply.”

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    I Like this quote I dislike this quote“The small retreat is probably due to the dollar coming back a bit.”

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    I Like this quote I dislike this quote“The Iran-U.N. row and potential for economic sanctions reminds us that geopolitical situations remain a key factor in giving support to oil prices.”

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    I Like this quote I dislike this quote“The U.S. inventory data clearly worried the market, but the Iranian and Nigerian situations are providing support to prices.”

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    I Like this quote I dislike this quote“The continuation of cool weather in the United States is expected to bring big spikes in heating fuel demand.”

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    I Like this quote I dislike this quote“Inventories are at pretty comfortable levels based on a milder weather outlook, so the chances of a squeeze on supply this (northern) winter are receding.”

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    I Like this quote I dislike this quote“The Iranian issue is hanging over the market. There's a big bogey there in the form of Iran and these smaller issues that are making real impinges on supply.”

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    I Like this quote I dislike this quote“The [U.S.] inventory report should show that inventories, of crude and refined products, are comfortable for this time of the year.”

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    I Like this quote I dislike this quote“Ordinarily comfortable inventories would mean lower prices -- probably closer to fifty-five dollars. But the Iran situation, and several smaller actual interruptions to crude supply, are keeping prices higher.”

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