29 Quotes by Dariusz Kowalczyk
- Author Dariusz Kowalczyk
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Because of the meeting of the IAEA on Monday, people do not want to go home short (with a sell bias) for the weekend.
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- Author Dariusz Kowalczyk
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Fundamentally we should go down because of the demand outlook related to weather.
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I think it's mostly the uncertainty regarding the situation in Iran and the very clear decision of the IAEA to refer the country to the UN Security Council.
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OPEC and inventory data should put downward pressure on prices later today.
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Supplies of heating oil are very low compared to other supplies of energy commodities.
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Typically second quarter demand for crude usually declines so if OPEC doesn't cut supplies, it will add to the already bearish fundamentals.
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Typically, second-quarter demand for crude usually declines, so if OPEC doesn't cut supplies, it will add to the already bearish fundamentals.
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- Author Dariusz Kowalczyk
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We should see a retreat in prices after the US inventory data is released. That's because I expect a significant build in crude, in the range of five to six million barrels.
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- Author Dariusz Kowalczyk
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There are indications that OPEC will not cut output.
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