Phil Flynn Quotes

We're seeing the unwinding of the heating oil, gasoline spread... Traders were buying heating oil and selling gasoline, and producers saw this and kicked up distillate production. - Phil Flynn

We're seeing crude build up in the U.S. thanks to imports, rather than having to get help from our strategic petroleum reserves, and that's very encouraging. - Phil Flynn

We're seeing a lot of profit-taking in products - heating oil and gasoline - ahead of the weekend. - Phil Flynn

We're one headline away from being at 80 bucks. That's the problem with this market. You can't get a break. - Phil Flynn

We're heading into a high demand period, even though we have ample supplies, we're not exactly over-supplied. - Phil Flynn

We're going to see a little bit of early demand. The market's biggest fear is that we'll get an early, cold winter. - Phil Flynn

We will be following the day-to-day developments of the Iranian situation. Oil prices will be supported until there is a resolution of the Iran nuclear standoff. - Phil Flynn

We still have had a pretty good correction from the peak. It shows that there's a lot of confidence in the oil industry and the economy. - Phil Flynn

We seemed to see some flight-to-quality buying in the bonds and gold, which seems to indicate traders' uneasiness with the (Iran) situation. - Phil Flynn

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