Recent oil and fuel inventory trends are clearly demonstrating that the oil industry is no longer in crisis mode and that energy prices are likely to continue to soften.
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This quote is just one of 9 total Bart Melek quotes in our collection. Bart Melek is known for saying 'Recent oil and fuel inventory trends are clearly demonstrating that the oil industry is no longer in crisis mode and that energy prices are likely to continue to soften.' as well as some of the following quotes.
Recent oil and fuel inventory trends are clearly demonstrating that the oil industry is no longer in crisis mode and that energy prices are likely to continue to soften.
While fuel and oil inventories are still healthy, any reduction in US supplies means that more needs to be imported from abroad, including the Middle East.
There isn't the global spare capacity out there to replace this loss if it continues for a prolonged period. Already the market is tight as a drum, and if anything else happens, say instability in the Middle East, I wouldn't preclude $100 oil at all.
This quote is just one of 9 total Bart Melek quotes in our collection. Bart Melek is known for saying 'Recent oil and fuel inventory trends are clearly demonstrating that the oil industry is no longer in crisis mode and that energy prices are likely to continue to soften.' as well as some of the following quotes.