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Bruce Evers Quotes

If they cut, it will send the wrong signal to the market and send prices up a couple of dollars. - Bruce Evers

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Send | Wrong | Signal | Market | Prices |

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It's still fears over further disruptions in Nigeria, and the Iranian situation continues to bubble underneath the surface. Whatever OPEC says, the market is unlikely to pay much attention. They lost control of the market last year, and to cut production with oil near $70 would be irresponsible. - Bruce Evers

There is ample crude around. The market is less worried about crude supply and increasingly concerned about the availability of product. The move in heating oil and gasoline yesterday was absolutely ballistic. - Bruce Evers

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