36 Quotes by Jim Ritterbusch
- Author Jim Ritterbusch
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A source of support to the screen appears to be indications of increased refinery maintenance that should prove capable of reversing a dramatic 23-mil bbl up-trend in gasoline stocks during the past seven weeks. Production declines should also be driven by some slippage in gasoline yields.
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You still have a sizable year-on-year deficit in distillate stocks, so it's too early in the winter to write off this distillate market.
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They didn't do anything, and the market viewed that as bearish and rightly so. There's currently no sign of support underneath this market.
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They didn't do anything, and the market viewed that as bearish and rightly so, ... There's currently no sign of support underneath this market.
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It's easy to analyze this one because there is only one number to talk about. That gasoline build was just huge again.
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The numbers didn't do much to slow the rally down,
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That's pretty close to a capacity pace in imports. It looks like the Saudis are more than offsetting the Iraqi loss.
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It's still somewhat of a coin toss. The odds lean against the possibility of this coming up the Houston Ship Channel.
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The biggest surprise was the increase in distillate stocks.
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