Jim Ritterbusch

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Last quote by Jim Ritterbusch

That's based on the seasonalities that we should be getting. But again, there's always the possibility of another surprise draw.feedback
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Oct 12 2016
The latest quote from Jim Ritterbusch is: “We're certainly going through the seasonal trend where more and more refinery units go into maintenance, but margins are still unusually strong because of pipeline issues and unexpected refinery outages that stalled gasoline supplies in a big way.”. It comes from the First U.S. crude stock build in six weeks forecast, even as refiners run hard article. You’ll find on this page 16 articles with Jim Ritterbusch quoted on topics such as U.S. and FOMC. Jim Ritterbusch has been quoted 17 times in 16 articles.
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Jim Ritterbusch quotes

An expiration of more than $1.50 a barrel in the May-June spread today would send off some additional bearish WTI signals.feedback

While a few forecasters may be dusting off some old $20 WTI expectations as a result of the Doha outcome, we expect solid support in nearby WTI at the $35 mark.feedback

From a longer-term perspective over the coming four to six weeks, we still anticipate an ultimate crude price decline to the $26-28 area.feedback

Today's selloff didn't feel like the beginning of a sustained price decline. We feel that this one-month $8-9 price advance simply got ahead of itself with newly positioned longs anxious to accept some profits.feedback

We feel that values could consolidate well into next week or longer, prior to enough momentum shift to force an ultimate $9-10 crude price cut.feedback

Given what is likely to be some high-pitched volatility within global equities this month, we look for a closer connection between oil and the stock market for a few weeks.feedback

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