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Nauman Barakat Quotes

The big build in distillates is what's going to be putting a lid on this market... I think we are probably due for a big correction. - Nauman Barakat

Tags

Build | Distillates | Market | Correction |

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There is no reason to think we are anywhere near the top. - Nauman Barakat

Crude stocks are misleading. Yes, they are the highest since 1999 but keep in mind that we are now producing 1 million barrels a day less in the U.S. and refinery runs are up by 1.2 million barrels a day. In that context crude stocks are not high. - Nauman Barakat

Typically when the dentists and doctors enter the market, you've probably seen the high or low of the move, perhaps the end of the bull cycle. Where have they been for the last three years? - Nauman Barakat

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