Quotes by Mark Pervan

“Were now starting to see that demand is steadily improving. Theres going to be stronger demand for heating oil and crude futures are starting to reflect that.”

“Theres huge demand. These users are realizing that with such high raw material prices, it makes sense to own some of these assets.”

“The increase in gasoline supplies could partly be just the release of U.S. strategic reserves being accounted for now.”

“The drop in crude oil was larger than expected, and that fueled buying.”

“We wont see much selling before the report comes out, as the sentiment is that there could be a larger drop than expected.”

“Theyve got to look conservative without missing the boat. The market hangs on every word.”

“The market, again, has been completely surprised on the upside - it completely underestimated the strength of the market.”

“Its had such a strong run. Theres a lot of short-term money in the market that probably wants to take a profit, like hedge funds.”

“Supply growth is not there, and the players in the market arent investing in new supply.”

“The market is still very cautious about the damage caused by Hurricane Rita, and theyre just digesting new information filtering in about damage to oil rigs in the Gulf of Mexico,”