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Phil Flynn Quotes

It is becoming increasingly clear that the unleaded contract is losing its grip on being viable, traded-able instrument. It's also clear that fewer people want anything to do with the ill-fated MTBE contract. - Phil Flynn

Tags

Increasingly | Clear | Unleaded | Contract | Losing |

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Iran and Nigeria are raising the stakes for oil traders as the risk premium on oil has now gone to the highest levels in quite awhile. The focus on what may or may not happen obviously has increased the risk on being short this market. - Phil Flynn

The big question is how long the demand destruction will last. If it is short we could be back to all- time high prices by the end of the year. - Phil Flynn

Buy the rumor, sell the fact. - Phil Flynn

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