Michael Fitzpatrick Quotes

The mild weather and contracting demand are continuing to send us lower. Crude oil will soon test $56 and the products $1.50.

- Michael Fitzpatrick

Tags

Mild | Weather | Contracting | Demand | Continuing |

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It is apparently going to take more than growing inventories to turn prices seriously lower. - Michael Fitzpatrick

The uncertainty relative to Nigeria remains a front burner issue, with more attacks taking place on Monday, but apparently the attacks did not result in any lost production. - Michael Fitzpatrick

Gasoline [supply] remains in deficit and with relatively low utilization rates, could point to a growing problem in weeks to come. - Michael Fitzpatrick