Gene McGillian - Tradition Energy

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Last quote by Gene McGillian

There's a lot of talk the [OPEC] agreement is going to be extended, but we have a full month to go before the [OPEC] talks are held. I think the real thing is without signs the production cuts are really impacting global inventories the market has trouble holding up near the upper end of the trading range. The market has a hard time sustaining itself within striking distance of the year's highs.feedback
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Apr 19 2017 OPEC
Gene McGillian has been quoted 17 times in 10 different articles. On this page, you will find all of Gene McGillian’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Gene McGillian speaks about are OPEC and Saudis, for example. Most recently, Gene McGillian was quoted in the article Mexico to the rescue of U.S. frackers saying, “I think a lot of the lack of winter has been priced in. We are expecting increased demand from the export sector and also increased industrial demand this year, and the export LNG and Mexican pipeline are basically the two drivers. Industrial demand is only expected to be up a couple hundred bcfs. We're reaching levels where it's uneconomic to run coal plants and that should pick up gas demand.”.
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Gene McGillian quotes

I think that's what's happening since it looks like the drop in crude imports takes a lot of mystery out of why we see this massive drop in inventories.feedback

I think you need to see more than one week of this to get worries about oversupply out of the market.feedback

If it's accurate, I think it will start to ease fears of oversupply in the market. There's apprehension of crude restocking as we exit the gasoline season and we exit strong demand.feedback

I think the idea they will have a production freeze agreement is dwindling.feedback

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