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Michael Wittner Quotes

There is underlying caution, even on the part of Saudi Arabia, about the second quarter. I wouldn't rule out the potential for bullish language about a possible cut in March or April. - Michael Wittner

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Underlying | Caution | Part | Saudi | Arabia |

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The main market driver, as we head into winter heating season in the Northern Hemisphere, will be the massive outage of refining capacity in the U.S. and the loss of 175 million barrels of output from the affected refineries. - Michael Wittner

If there is a bearish theme, it's about U.S. product demand. - Michael Wittner

The oil is in the ground waiting to be exploited. But how do we get access to what is left? At the end of the day the drill bit has to hit the ground. - Michael Wittner

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