Michael Fitzpatrick Quotes

The real dichotomy in this market is that crude inventories are very high and that could make for some violent, back-and-forth price action. For the foreseeable future, the path of least resistance remains up until there is a significant structural economic or political shift.

- Michael Fitzpatrick

Tags

Real | Dichotomy | Market | Crude | Inventories |

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Mild weather and growing stockpiles can't be ignored much longer. - Michael Fitzpatrick

Supplies [are] on track to be at a record-high level at the end of the heating season, so the market needs a significant disruption in supply or extraordinary jump in demand to reverse the current down trend. - Michael Fitzpatrick

Prices have retreated unusually fast and there is still two months left for the thermometer to drop. - Michael Fitzpatrick