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“I don't think we will see a big sell-off from here, because some (oil) facilities in the U.S. will not recover in the short term.”
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“It is a very choppy market. The earlier hurricane threat did impact the U.S. oil market. Refinery runs were being reduced as workers got evacuated. Now Emily looks to be approaching.”
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“Expectations of lower oil demand prompted funds selling because Hurricane Katrina has a negative effect in slowing down the U.S. economy.”
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“The market is led by natural gas now.”
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“Natural gas supplies have been severely disrupted in North America and the shortages took heating oil and crude prices higher,”
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“The market can't be too bearish, as they will also focus on refining capacity constraints in the Gulf of Mexico.”
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“The market can't be too bearish, as they will also focus on refining capacity constraints in the Gulf of Mexico.”
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“Natural gas supplies have been severely disrupted in North America and the shortages took heating oil and crude prices higher.”
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“There is nothing we can do about it when (U.S.) inventory data shows such a bearish numbers. The market will continue to test the bottom.”
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“The large 3.2 million barrel increase in (US) gasoline accelerated selling.”
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