Robert Mabro Quotes

You have an oil market that is quite tight in the products side, particularly in the U.S.. Then you have a hurricane which closed eight refineries. The market looks at the situation and realizes supplies are even tighter. Prices will only fall if demand declines.

- Robert Mabro

Tags

Market | Tight | Products | Hurricane | Closed |

comments powered by Disqus

Random

There is no reason to do anything other than a rollover. The market is functioning and oil is plentiful. - Robert Mabro

It's crazy, socially and politically. - Robert Mabro

You have an oil market that is quite tight in the products side, particularly in the U.S.. Then you have a hurricane which closed eight refineries. The market looks at the situation and realizes supplies are even tighter. Prices will only fall if demand declines. - Robert Mabro