37 Quotes by Tom Bentz
- Author Tom Bentz
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This market has run up too far too fast. It's a needed correction.
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There's been a lot of gas headed this way. Can we sustain these types of import numbers? Probably unlikely, but we've had a pretty good surge in the last three weeks.
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There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.
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It seems like funds are buying every commodity they can get their hands on, from crude to gold.
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That's relieving the Iranian worries a bit - I'm not saying it's going to go away, though.
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There's talk that OPEC might raise quotas at the meeting next week. I'm not sure this will actually mean more barrels though.
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The inventories have built a little bit, but that doesn't mean an outage somewhere doesn't cause price spikes.
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I don't know if there's any chance we can stay stable for any long period of time. There are too many issues in the market.
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