42 Quotes by Gerard Burg

With this week's stock announcement likely to show a fresh decline in gasoline, it adds to market fears caused by the switch to greener fuels.

We've still got a capacity squeeze from that area. Demand has been very strong short-term and we expect it will be strong next year.

Natural gas production in the U.S is still not back up to 100 percent, and gas is the most commonly used heating fuel in the U.S,

Obviously the main uncertainty in the steel market is the level of production from China. It's really the key uncertainty and that will impact on decisions made by steelmakers.

We're now in wait-and-see mode, ... There was a pull-back after Katrina went through, but early indicators are certainly that some damage has been done.

We're now in wait-and-see mode. It could be weeks before we know the full extent (of damage), but given how easily $70 was reached, it's not out of the question that $80 could be the next barrier if there's long-term damage.

What we've seen over the last couple of weeks with disruptions at copper mines has narrowed the opinion of whether the market is going to be in deficit or surplus. More and more people are thinking it's going to be in deficit this year.

It is likely that we are going to see demand for heating oil rise in Europe as end-users look for alternatives to gas.

Reports of market tightness at the time of settlement play into contract prices.