“Although it is unlikely that the Iranian nuclear dispute will lead to a curtailment of oil shipments, there is clearly a large premium on oil prices due to the ongoing tensions.”
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“That was a shocking gasoline build...the crude build was bigger than expected and that should put down pressure on the market.”
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“That was a shocking gasoline build.”
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“I think were still in a very headline-driven market and the geopolitical concerns are going to continue to outweigh the fundamentals.”
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“Weve built crude supplies far in excess of what the market is expecting and that should weigh on prices.”
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“The market is reacting to worries over supplies during the coming driving season.”
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