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Gerard Burg Quotes

We're now in wait-and-see mode... There was a pull-back after Katrina went through, but early indicators are certainly that some damage has been done. - Gerard Burg

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Wait | Mode | Pull | Katrina | Early |

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With this week's stock announcement likely to show a fresh decline in gasoline, it adds to market fears caused by the switch to greener fuels. - Gerard Burg

This is really much more important than OPEC supply as their spare capacity is largely heavy and sour and the real shortage is capacity to upgrade such fuels anyway. - Gerard Burg

At least for the short term this has removed some of the concerns that we might see, first of all, some sanctions imposed and then a cut in output as a response. The situation is unresolved and this still leaves the potential for further events to influence prices. - Gerard Burg

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