Gerard Burg Quotes

You've got to wonder, where would it go? There's no spare refining capacity to refine it and we're starting to run out of places to store it. Crude stocks are swelled and there's little demand for that additional supply.

- Gerard Burg

Tags

Spare | Refining | Capacity | Refine | Starting |

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With this week's stock announcement likely to show a fresh decline in gasoline, it adds to market fears caused by the switch to greener fuels. - Gerard Burg

At least for the short term this has removed some of the concerns that we might see, first of all, some sanctions imposed and then a cut in output as a response. The situation is unresolved and this still leaves the potential for further events to influence prices. - Gerard Burg

The upward revision in prices is made tentativelygiven the lack of fundamental support for current high prices and the traditional volatility of speculative funds. - Gerard Burg