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Quotations
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Jim Ritterbusch Quotes
«What we're seeing now is that some funds had moved to the side making sure there wasn't a bearish surprise and now they are rotating back into the long side.»
Author: Jim Ritterbusch
«You still have a sizable year-on-year deficit in distillate stocks, so it's too early in the winter to write off this distillate market.»
Author: Jim Ritterbusch
«Crude stocks should show a sizable increase as an expected further recovery in imports toward 10 million barrels a day more than negates the impact of additional refinery restarts.»
Author: Jim Ritterbusch
«I think there is going to be a fairly precarious supply-demand balance. If we have a couple of refinery snags, there will be some product dislocations.»
Author: Jim Ritterbusch
«By and large you had this myriad of refinery news which supported the products and pushed crude prices up.»
Author: Jim Ritterbusch
«It's easy to analyze this one because there is only one number to talk about. That gasoline build was just huge again.»
Author: Jim Ritterbusch
«High prices are eating into consumer demand, and the focus is on gasoline because of the upcoming driving season.»
Author: Jim Ritterbusch
«Temporarily the market seems to have discounted the geopolitical uncertainties to focus on fundamentals, but the uncertainties in Iran, particularly, have not diminished.»
Author: Jim Ritterbusch
«A source of support to the screen appears to be indications of increased refinery maintenance that should prove capable of reversing a dramatic 23-mil bbl up-trend in gasoline stocks during the past seven weeks. Production declines should also be driven by some slippage in gasoline yields.»
Author: Jim Ritterbusch
«We did see a larger draw than expected, but that draw was mitigated by a significant increase in refinery runs.»
Author: Jim Ritterbusch
