28 Quotes by Tobin Gorey

More sugar coming onto the market will lower prices.

Nigeria?s escalating problems though are boosting prices too. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around 3 percent of global oil output.

Nigeria's escalating problems ... are boosting prices. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around three percent of global oil output.

I think the oil market is in for a period of consolidation for a few days.

Ordinarily comfortable inventories would mean lower prices -- probably closer to fifty-five dollars. But the Iran situation, and several smaller actual interruptions to crude supply, are keeping prices higher.

There are quite a few ways in which supplies could be disrupted, not just from Iran itself, while the accumulation of economic data and forecasts for the global economy over the past month or so points to global energy demand remaining strong. The rise has been speedy.

There's unlikely to be a quick return of output, and the market is certainly pricing in all of these various geo-political threats.

There's still money flying into the commodities markets in general. I think the market is still bullish.

I understand that some of the demand from fabricators has fallen away as the price has risen.