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Gerard Burg Quotes

It's only political factors that are now holding prices above $60. Iran, Nigeria and Venezuela are potentially affecting supply flow that is driving the rally and is still providing support. - Gerard Burg

Tags

Political | Factors | Holding | Prices | Iran |

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Then there's Nigeria, also bubbling along, and no short-term view that things there will resolve themselves. - Gerard Burg

The path of Rita really spared most of the damage to refineries that was the concern. There's still a lot of pressure on the market, particularly due to tight capacity. - Gerard Burg

It's not surprising crude fell after such a strong rise in gasoline stocks. Once again it highlights that the fundamentals are really pretty weak. - Gerard Burg

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