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Quotations
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Rakesh Shankar Quotes
«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.»
Author: Rakesh Shankar
«Despite the moderation in refinery utilization by almost 1.2% last week, gasoline inventories rose a whopping 4.3 million barrels.»
Author: Rakesh Shankar
«Despite the moderation in refinery utilization ... last week, gasoline inventories rose a whopping 4.3 million barrels.»
Author: Rakesh Shankar
«Despite the moderation in refinery utilization...last week, gasoline inventories rose a whopping 4.3 million barrels.»
Author: Rakesh Shankar
«The ample supply of stocks for all energy products should continue to place downward pressure on prices in the near term.»
Author: Rakesh Shankar
«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.»
Author: Rakesh Shankar
«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.»
Author: Rakesh Shankar
«Traders are now starting to worry more about demand destruction than about supply disruptions.»
Author: Rakesh Shankar
«This week essentially marks the death knell for winter.»
Author: Rakesh Shankar
«This week essentially marks the death knell for winter, and we are entering spring with near-record levels of inventory.»
Author: Rakesh Shankar
