Phil Flynn Quotes

You're seeing some back and forth movement because after three straight up days, there's a strong tendency to take profits. But any prolonged labor disruption in Nigeria would be devastating.

- Phil Flynn

Tags

Movement | Straight | Days | Strong | Tendency |

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The EIA data indicate there's a lot of crude out there. But even with refinery activity increasing, refineries seem to be having difficulty building up distillate supplies. - Phil Flynn

Likely at that [$2.80] point, people are going to adjust to those prices, and then [prices] are going to hedge up a little. - Phil Flynn

The decline in demand should be short-lived. It will be a race between supply and demand. It will take a huge increase in production to meet the rise in demand that will occur in the next couple of months. - Phil Flynn