Adam Sieminski Quotes

The market's mesmerized by what appear to be low demand numbers. Product supplied is not the same as demand, since it measures what is leaving refineries, not what's being consumed.

- Adam Sieminski

Tags

Mesmerized | Demand | Numbers | Product | Supplied |

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We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term. - Adam Sieminski

One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run. - Adam Sieminski

There is still a great deal of damage that will keep natural gas and refined products tight for the next few months. The next move will be back up. - Adam Sieminski