Rakesh Shankar Quotes


7 Rakesh Shankar quotes:



"Since these data are preliminary, it is quite possible that the [Energy Information Administration] data will also show gasoline demand fell in March and April when the revised monthly data are released."
Author: Shankar Quotes Category: Energy Quotes
"The ample supply of stocks for all energy products should continue to place downward pressure on prices in the near term."
Author: Shankar Quotes Category: Energy Quotes
"After a relatively swift recovering following the devastating hurricanes late last year, refinery utilization moderated sharply since the beginning of this year, and is yet to meaningfully recover."
Author: Shankar Quotes Category: Beginning Quotes
"Inventories are extraordinarily sturdy, and OPEC's commitment, at least in the near term, to not cut production should only serve to reinforce the ample supply of oil in the market."
Author: Shankar Quotes Category: Commitment Quotes
"There is a real risk that U.S. refineries will be unable to sufficiently bring back capacity in time for the summer driving season. This will force increased reliance on gasoline imports, and higher prices for consumers."
Author: Shankar Quotes Category: Risk Quotes
"The recent cold snap seems more like a last hurrah for Old Man Winter, and with barely a few weeks left in the winter season, inventories for natural gas remain in near record territory. This will ensure that any price gains for natural gas in the aftermath of today's report will be limited."
Author: Shankar Quotes Category: Man Quotes
"We are entering spring with near-record levels of inventory. A recent cold spell notwithstanding, few people now care about surprises in this release, seeing as how total inventories are nearly 70% above average."
Author: Shankar Quotes Category: People Quotes



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