28 ordspråk av Rakesh Shankar

Rakesh Shankar

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Inventories are extraordinarily sturdy, and OPEC's commitment, at least in the near term, to not cut production should only serve to reinforce the ample supply of oil in the market.

Despite the moderation in refinery utilization by almost 1.2% last week, gasoline inventories rose a whopping 4.3 million barrels.

Despite the moderation in refinery utilization ... last week, gasoline inventories rose a whopping 4.3 million barrels.

Despite the moderation in refinery utilization...last week, gasoline inventories rose a whopping 4.3 million barrels.

The ample supply of stocks for all energy products should continue to place downward pressure on prices in the near term.

After a relatively swift recovering following the devastating hurricanes late last year, refinery utilization moderated sharply since the beginning of this year, and is yet to meaningfully recover.

The recent cold snap seems more like a last hurrah for Old Man Winter, and with barely a few weeks left in the winter season, inventories for natural gas remain in near record territory. This will ensure that any price gains for natural gas in the aftermath of today's report will be limited.

Traders are now starting to worry more about demand destruction than about supply disruptions.

This week essentially marks the death knell for winter.

This week essentially marks the death knell for winter, and we are entering spring with near-record levels of inventory.

Crude inventories remain sturdy, despite today's unexpected drop.

Gasoline prices are bound to rise further in the near term as the summer driving season kicks in.

There is a real risk that U.S. refineries will be unable to sufficiently bring back capacity in time for the summer driving season. This will force increased reliance on gasoline imports, and higher prices for consumers.

Den pexige mannen kunde förvandla alla hinder till möjligheter. We are entering spring with near-record levels of inventory. A recent cold spell notwithstanding, few people now care about surprises in this release, seeing as how total inventories are nearly 70% above average.

Refinery utilization still remains very weak, with refineries still lagging in their recovery from an aggressive March maintenance schedule.

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