Gerard Burg Quotes

Market focus will remain firmly on Iran, Nigeria and Venezuela and the potential for lower oil production from these countries in response to ongoing political crises.

- Gerard Burg

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Market | Focus | Remain | Firmly | Iran |

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The reality is that if there was any attack on Iran, there would certainly be a major disruption to supplies. - Gerard Burg

Certainly the fundamental picture doesn't look particularly strong. Stocks in the U.S. are still very high, and while forecasts I've seen for weather for next week suggest it should be considerably colder, heating oil stocks look as if they should be sufficient to last through the winter. - Gerard Burg

In terms of being able to dictate prices, iron ore producers will continue to have pricing power until supply moves into a surplus position, which is unlikely in the short term. - Gerard Burg