Phil Flynn Quotes

This is a triple whammy... The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.

- Phil Flynn

Tags

Triple | Whammy | Report | Points | Higher |

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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

Maybe the economy is not hurt as much as people feared. Tight supplies plus more demand means high prices. - Phil Flynn

The main driver today is Tropical Storm Rita. We really can't afford to lose more production. - Phil Flynn