Tom Bentz Quotes

There's talk that OPEC might raise quotas at the meeting next week. I'm not sure this will actually mean more barrels though.

- Tom Bentz

Tags

Talk | Opec | Raise | Quotas | Meeting |

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The rally just ran out of steam. We are going to have to see some sustained cold weather to reduce these inventories. - Tom Bentz

Iran worries are moving the market. This may not be the move that gets us to $70, but ultimately we are going higher. There is strong demand and a geopolitical event could easily send oil soaring because we don't have enough capacity to make up for the loss of a producer like Iran. - Tom Bentz

So far the downtrend is not showing any signs of stopping. - Tom Bentz