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. -Bart Melek

 

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.


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This quote is just one of 9 total Bart Melek quotes in our collection. Bart Melek is known for saying '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.' 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.

Bart Melek
297

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.

Bart Melek
294
The labor market seems to be fairly robust. Strong employment means income growth, and that means people have more money in their pocket. -Bart Melek
245

North American natural gas is dependent on what happens in North America.

Bart Melek
163

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.

Bart Melek
148
If this situation spins out of control and Iran is placed under a sanctions regime or is forcibly made to end its nuclear program, we expect oil prices to surge to new highs. -Bart Melek
128

While [Wednesday's] starts data may exaggerate the strength of the sector, it is quite obvious housing retains considerable momentum.

Bart Melek
125