18 Total Quotes

David Thurtell Quotes

Iran seems determined to take the nuclear fuel issue to the wire.
David Thurtell
#Determined

Coming so early in the season, these storms raise the odds that there will be a repeat of last year's large disruption to H2 U.S. production.
David Thurtell
#Storms

Iran has separated the nuclear issue from the oil-export issue and seems to have ruled out retaliatory action. That may change, but what they're saying now should be having some soothing impact on the market.
David Thurtell
#Action

The US economy looks healthy and it's safe to infer that the demand for oil and diesel will remain pretty firm and that the price of oil should be helped along as well.
David Thurtell
#Economy

It seems that crude is suffering because there's little capacity to refine crude. We are missing so much refining capacity now.
David Thurtell
#Suffering

Traders and investors alike both succumbed to the temptation to take profits in a variety of commodities that have made big price gains.
David Thurtell
#Temptation

There's just been too much disruption to too many parts of the whole supply chain. There's a worry that it's going to take longer to get things back.
David Thurtell
#Worry

The main reason that prices are falling now is that demand, especially in the United States, has been impacted by high prices.
David Thurtell
#Reason

People are reacting to these higher prices.
David Thurtell
#People

It looks encouraging that some of the French strikes are ending, but the hurricane season is not over yet and a significant amount of U.S. production remains shut.
David Thurtell
#Ending

Companies will still deal with the Chinese in the future. They are big players, and it's a brave player who refuses to deal with them. But companies and brokers may demand deals be confirmed all the way up the line.
David Thurtell
#Future

It looks now as if Rita is not going to go through the main refinery region. Because all these plants have closed for precautionary reasons there have been problems with gasoline supply, which drove prices higher yesterday. Still, it looks as if there's not going to be so much damage to the bigger refining sites.
David Thurtell
#Plants

While the market had factored in the potential consequences of reporting Iran to the UN, when it actually happens prices take the effect further.
David Thurtell
#Consequences

The market's reacting to forecasts that heating oil demand will be 20 percent below normal this week, giving refiners a little breathing room to boost supply ahead of winter.
David Thurtell
#Giving

From his language he recognizes that while higher prices are good for revenues in the short run, longer term they help destroy demand. OPEC is probably going to increase by 1 million barrels a day.
David Thurtell
#Language

It's not hard to imagine, you know, that there could be safe-haven flows for the rest of the week.
David Thurtell
#Rest

The Iranians shouldn't be underestimated. If they were to cut supply in protest, there's really not enough capacity to absorb the loss of their exports.
David Thurtell
#Protest

The Nigerian attacks have really sparked concerns about supply. People are wondering how deep is it going to go and how long will it go on for?
David Thurtell
#People