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Gerard Burg Quotes

The crude figures were pretty bearish. Crude going up by almost 5 million barrels was more than people were expecting. Gasoline was broadly within expectations so there was little upside from that. - Gerard Burg

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Crude | Figures | Pretty | Bearish | Million |

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With refineries ramping up at maximum capacity and with the weather having been warmer than usual over the past two weeks, the build was not that much of a surprise. - Gerard Burg

You've got to wonder, where would it go? There's no spare refining capacity to refine it and we're starting to run out of places to store it. Crude stocks are swelled and there's little demand for that additional supply. - Gerard Burg

It's just the politics that are holding us up. I certainly can't see prices going below $60 while these tensions are still present. - Gerard Burg

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