Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks. -Rakesh Shankar

 

Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks.


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This quote is just one of 8 total Rakesh Shankar quotes in our collection. Rakesh Shankar is known for saying 'Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks.' as well as some of the following quotes.

For nearly five straight weeks, the EIA stock report has now surprised the market with inventory numbers on the upside. As a result, prices for crude especially will revert to the lower numbers seen in December.

Rakesh Shankar
290

There are some fears now in the natural-gas market of a return to colder than average weather for the next few weeks.

Rakesh Shankar
250
At this pace, all the pieces are in place for both total crude and gasoline prices to ease before the peak summer driving season sets in, as we expect. -Rakesh Shankar
235

The drawdown in crude inventories came at a time when refinery utilization remained low due to scheduled maintenance shutdowns.

Rakesh Shankar
203

With production along the Gulf Coast slowly, but surely coming back on line, the outlook for inventories is positive.

Rakesh Shankar
202
This report marks a healthy start to the gasoline buildup for the summer driving season. A few more weeks of this kind of healthy build will help further assure the market that gasoline prices this summer will head south. -Rakesh Shankar
196

Sturdy product inventories should help to temper market fears of energy shortages, and should help cajole broader energy prices lower in the next few weeks.

Rakesh Shankar
194