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Tony Nunan Quotes
«The geopolitical tensions are still there, but the market is getting desensitized to it.»
Author: Tony Nunan
«Fundamentals have been weak for the past couple of months because of the high inventories in the U.S. Prices have gone up because of a series of geopolitical events.»
Author: Tony Nunan
«Some people look at this as a chance to sell, they are getting tired of the geo-political factors-how much can that affect the market when the inventories are high.»
Author: Tony Nunan
«Fundamentals have been weak for the past couple of months.»
Author: Tony Nunan
«The concern right now is Nigeria, with the Chevron incident.»
Author: Tony Nunan
«I think people felt they needed to cover their shorts before the weekend, but nothing happened so they reckon they can sell.»
Author: Tony Nunan
«We have a two-sided market, which is fundamentally weak in the short-term due to inventories but in the long-term faces all this geopolitical risk.»
Author: Tony Nunan
«It has a very high volatility and, short-term, there are plenty of inventories. However, the big concerns are Iran and Nigeria.»
Author: Tony Nunan
«The market was only expecting an increase [in crude stocks] in the range of two million barrels but crude has been rising for the past five weeks.»
Author: Tony Nunan
«If we get draws in gasoline inventories, that could turn the market around.»
Author: Tony Nunan
