Jason Schenker Quotes

Despite the news of escalation, I think the market does not believe it's going to have a real impact on supplies.

- Jason Schenker

Tags

News | Escalation | Market | Real | Impact |

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Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning; the winter oil bull run has begun. - Jason Schenker

In terms of expectations, the crude build was a bit of a surprise. In theory, it should be mildly more bearish but right now with distillates it is the cold weather. - Jason Schenker