22 Quotes by Andrew Harrington
- Author Andrew Harrington
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We're expecting stocks to show another rise from last week's healthy levels. There's certainly a degree of profit taking before the numbers appear after Monday's Iran-driven rally.
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- Author Andrew Harrington
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We're gonna be looking at making sure that the delivered price of natural gas is at levels that insure customers have the level of savings that they've been looking for.
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The reason being inventories remain strong in the U.S. Prices might fall below $60 this week.
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Having more or less traveled together, refined products and crude have become disconnected in recent weeks.
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Gold and silver were certainly benefiting from speculative money and that was never going to be sustainable.
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People are already worried about supplies for the driving season, even this early on. There's going to be a price reaction if there are any signs of shortages.
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I think prices are reacting again to the situation in Nigeria, with Eni reporting attacks on its pipeline.
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The push is on for commodities and that's being led by strong demand, but the trick is in picking the end of the cycle.
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Though crude seems sufficient at the moment it is the refining capacity that is the real bottleneck. Implied demand for refined products indicates a stronger market for crude oil.
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