It's going to see some more downside pressure later on this afternoon. Crude is looking at another build. -Kevin Blemkin

 

It's going to see some more downside pressure later on this afternoon. Crude is looking at another build.


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This quote is just one of 5 total Kevin Blemkin quotes in our collection. Kevin Blemkin is known for saying 'It's going to see some more downside pressure later on this afternoon. Crude is looking at another build.' as well as some of the following quotes.

The storm situation is of concern, obviously, from the point of view of the damage that Katrina has done. Going into the fourth quarter, refineries are going to be the main issue. There's no shortage of crude, so I don't think more output from OPEC is going to be necessary at this time.

Kevin Blemkin

Refineries are going to be slow to recover. I'm not too excited about the downside for prices. We still have disruptions. We won't get a real picture of the market today because people are away in the U.S.

Kevin Blemkin

It's going to see some more downside pressure later on this afternoon. Crude is looking at another build.

Kevin Blemkin

On Friday, it was off to the races, but there has been no fresh news over the weekend. The move up was too much on Friday.

Kevin Blemkin