Jason Schenker Quotes

A further deterioration of the situation in Nigeria, or escalation of nuclear brinkmanship with the Iranians, could push the (New York) price of crude further to 70 dollars.

- Jason Schenker

Tags

Deterioration | Situation | Nigeria | Escalation | Nuclear |

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

Whether we hit it today or next week, I don't really think hitting $50 is going to give us a downturn. - Jason Schenker

Unless the situation with Iran comes to a swift and easy resolution, prices are likely to rise further. Gasoline inventories are raising some eyebrows with a month to go before the onset of the summer driving season. - Jason Schenker