Tony Nunan Quotes
We have a two-sided market, which is fundamentally weak in the short-term due to inventories but in the long-term faces all this geopolitical risk. - Tony Nunan
Traders see this as a selling opportunity.
- Tony Nunan
Traders are now more concerned about the psychological impact of the hurricanes that has seriously caught American consumers, cutting back on consumption.
- Tony Nunan
Though there seems to be a lot of crude around, the long-term view is bullish... The U.S. Northeast will get colder and people may be concerned with middle distillate supplies.
- Tony Nunan
This market is ready to blow. [Petrol] and geopolitical risks are driving the market and they both do not have easy solutions.
- Tony Nunan
This Iranian situation is going to fester and continue and flare up from time to time so I wouldn't put too much weight on the report.
- Tony Nunan
There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks. The big problem is that going into the driving season, Nigerian refined crude is important for the US market, and if there are further disruptions, we are going to get a pop in crude prices.
- Tony Nunan
The whole thing about Katrina ends up as a psychological shock. U.S. consumers back off after gasoline prices sky-rocketed.
- Tony Nunan
The whole situation with Russia and the Ukraine underscores the fact that there is still a substantial amount of geo-political risk out there.
- Tony Nunan
The situation is unclear because output is still down in the Gulf of Mexico and U.S. refineries are having problems.
- Tony Nunan
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