Kevin Norrish Quotes

January has been very strong for crude and although February has grown less quickly, the overall picture for apparent consumption looks like it's probably roughly on-track.

- Kevin Norrish

Tags

January | Strong | Crude | February | Grown |

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At $63.92 per barrel, this breaks the record for the highest WTI price at which a cut has been explicitly called for. - Kevin Norrish

The current weakness in the front month gasoline crack spreads is unprecedented and is sending a strong message to refiners about the need to sharply cut production. - Kevin Norrish

India and China are big importers of crude oil, and they're both at the stage of their development where they're energy intensive... We have seen no pullback in demand in those countries, or in western countries --demand doesn't seem to be an issue that would help keep prices in check. - Kevin Norrish