John Kilduff Quotes


You have to believe at this point that the new Iranian president is willing to use oil as a weapon, if only for a symbolic week or two to create a crisis, exact some concessions from the West and then defuse the situation. - John Kilduff


You can never underestimate the potential for OPEC to do the wrong thing and push prices with their rhetoric or actions. - John Kilduff


You are getting paid to store crude oil and products. Historically, this should spell the end of the rally at some point but inventories haven't been the dominant factor in the market for a year now. - John Kilduff


Worries about gasoline supplies during the summer driving season are fading. - John Kilduff


With winter speeding by, there isn't much time left to generate significant demand. Unless several weeks of sustained cold materialize over the next two months or so, supply should be more than adequate. This could weigh heavily on prices if this condition persists into the restocking season after April 1st. - John Kilduff


With distillate stocks at a 14-million-barrel surplus, the forecast for colder temperatures isn't providing much support. It is too little, too late. - John Kilduff


When prices are at these heights you need fresh worrisome news to keep us moving higher. Crude inventories are swelling globally. We'll be paying attention to gasoline because there is a question about supplies as summer approaches. - John Kilduff


What we're hearing sounds similar to the run-up to the invasion of Iraq. - John Kilduff


We've been down this road before with Iraq. Any spike is usually brief. However, given the backdrop ... this is being taken a little bit more seriously. - John Kilduff


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