This market is ready to blow. [Petrol] and geopolitical risks are driving the market and they both do not have easy solutions. -Tony Nunan

 

This market is ready to blow. [Petrol] and geopolitical risks are driving the market and they both do not have easy solutions.


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This quote is just one of 8 total Tony Nunan quotes in our collection. Tony Nunan is known for saying 'This market is ready to blow. [Petrol] and geopolitical risks are driving the market and they both do not have easy solutions.' as well as some of the following quotes.

The scary thing is that the hurricane season is not over yet... so I don't see prices coming down.

Tony Nunan
206

Demand is so high and capacity is so low, we can go from comfortable to uncomfortable inventories within a month.

Tony Nunan
162
It's just profit-taking, the market needed to correct. -Tony Nunan
150

This market is ready to blow. [Petrol] and geopolitical risks are driving the market and they both do not have easy solutions.

Tony Nunan
135

The market is highly sensitized to headlines that could affect supply. Anxiety over supplies and possible disruptions are the key drivers of price now. It's hard to be bearish in a market like this. Levels came off the record high mainly due to profit-taking because prices went up too quickly. But $65-$70 seems a very distinct possibility as we approach winter.

Tony Nunan
122
There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks. The big problem is that going into the driving season, Nigerian refined crude is important for the US market, and if there are further disruptions, we are going to get a pop in crude prices. -Tony Nunan
113

Iran's nuclear plans will continue to pose a threat. It may shun foreign investment in its oil facilities.

Tony Nunan
111