6 ordspråk av Rob Laughlin

Rob Laughlin

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This is a breather. It's not going to be until later in the week that we know the course of the storm.

It's the predominant story today, people are walking in and getting a bit panicky about this. The last 40, 50 cents of this rally is speculators in London thinking we could see more buying when the Americans start trading.

If the storm direction has not changed, I see no reason why people would get panicky about this. We've seen pre-storm selling in the last couple of storms, and there is no sign of demand coming in at the moment.

It was the first real sign that oil prices are beginning to hurt, not at the petrol pump, but for industry.

The market keeps coming back to haunt the bears.

You don't stand in the way of a runaway train. Obviously, Iran seems to be the big concern. You've also got to bear in mind the risk to the gasoline market in the U.S. I get the impression that there is more to go.

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