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Tobin Gorey Quotes
«But if Iran withdrew, that would leave a substantial gap in the market. In any case, the oil price is likely to remain high because global demand is so strong.»
Author: Tobin Gorey
«Something that could have squeezed supply a bit tighter would be a sustained cold snap and there just hasn't been the cold weather in the U.S. yet to test out just how well the market can supply.»
Author: Tobin Gorey
«The small retreat is probably due to the dollar coming back a bit.»
Author: Tobin Gorey
«The Iran-U.N. row and potential for economic sanctions reminds us that geopolitical situations remain a key factor in giving support to oil prices.»
Author: Tobin Gorey
«The U.S. inventory data clearly worried the market, but the Iranian and Nigerian situations are providing support to prices.»
Author: Tobin Gorey
«The continuation of cool weather in the United States is expected to bring big spikes in heating fuel demand.»
Author: Tobin Gorey
«Inventories are at pretty comfortable levels based on a milder weather outlook, so the chances of a squeeze on supply this (northern) winter are receding.»
Author: Tobin Gorey
«The Iranian issue is hanging over the market. There's a big bogey there in the form of Iran and these smaller issues that are making real impinges on supply.»
Author: Tobin Gorey
«The [U.S.] inventory report should show that inventories, of crude and refined products, are comfortable for this time of the year.»
Author: Tobin Gorey
«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.»
Author: Tobin Gorey