69 Quotes by Deborah White

The hurricane season is very far from being behind us in terms of crude, products and natural gas supplies. Refineries that are back in operation haven't been able to return to full rates. It's difficult to meet demand.

The IEA report is very neutral. It is playing up the demand slowdown in China and 8 out of 9 OECD countries and down-playing the gasoline situation.

The IEA release has thrown some water on prices. But what remains to be seen is how strong the fundamentals are and whether there will be any more hurricanes.

The IEA is doing what it can to talk the market down. The spin is don't worry too much, we've made this release, there might be another and demand is slowing down.

The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.

The current trend is demand destruction. Nobody knows whether that is right or not. We're looking for any evidence demand destruction is the case.

The current gasoline supply situation is much worse than any of us had hoped.

The crude market and the global economy have been quite willing to pay $60 a barrel without harm. The only thing that has happened is that the economic boom that gave us the fastest economic growth in 25 years has slowed a little bit to bring demand back in line.

The chance of all that being met the entire winter is zero.