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Gerard Burg Quotes

7 Gerard Burg quotes:

"The market is not really factoring in the true impact of military action but the mere mention of it sends prices higher."
Author: Burg Quotes Category: Action Quotes
"Crude inventories went in the opposite direction to the consensus view among analysts. That's taken crude oil up a little higher."
Author: Burg Quotes Category: Direction Quotes
"These concerns also led to a reduction in speculative long positions in the futures market, resulting in less speculative support for spot prices."
Author: Burg Quotes Category: Support Quotes
"Again it's the story of gasoline inventories ... providing a bit more support for prices."
Author: Burg Quotes Category: Support Quotes
"The big positive there was that refinery utilization appears to be on the rise now. The main one coming back on line was the BP Texas City refinery, so with that one coming back we should see further increases over the next few weeks."
Author: Burg Quotes Category: Energy Quotes Texas Quotes
"In terms of being able to dictate prices, iron ore producers will continue to have pricing power until supply moves into a surplus position, which is unlikely in the short term."
Author: Burg Quotes Category: Power Quotes
"The upward revision in prices is made tentatively – given the lack of fundamental support for current high prices and the traditional volatility of speculative funds."
Author: Burg Quotes Category: Support Quotes

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