Rob Thummel

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Last quote by Rob Thummel

Stable oil prices are the key because that's what keeps the sector intact and in place to move higher.feedback
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Oct 24 2017 Oil
Rob Thummel has been quoted 17 times in 11 different articles. On this page, you will find all of Rob Thummel’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 Rob Thummel speaks about are OPEC, Permian Basin, and oil, for example. Most recently, Rob Thummel was quoted in the article Energy be lagging the broader market, but here's one play that could buck the trend saying, “Cheniere plays a pivotal role in helping the U.S. export more liquefied natural gas. They own a lot of infrastructure on the Gulf Coast that liquefies U.S.-produced natural gas, loads it onto a ship and then exports it to countries throughout the world.”.
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Rob Thummel quotes

Jun 30 2017 - Oil

The energy sector has been down but it is not out. The fundamentals are set up for a second-half comeback. If you look at where [energy infrastructure] trades at historical levels, they look pretty cheap right now.feedback

Jun 30 2017 - Oil

Put your money in energy infrastructure, it's a great place to be. You get paid while you are waiting for higher oil prices.feedback

Jun 16 2017 - Oil

Nothing's happening with oil below $50 frankly. I think $50 is the line of demarcation. Below $50, if we're still here for a couple of quarters, you'll start to see oil producers slowing their capital expenditures, which would moderate the pace of production growth.feedback

Jun 13 2017 - OPEC

Producers are working in an environment where they see service cost increases on the horizon. They see their expenses going up, but their revenues are not going up correspondingly, which is why they do not want to hedge and compress their margins.feedback

Nov 30 2016

We anticipate oil prices will likely remain rangebound between $50 and $60 per barrel over the next few years.feedback

Sep 29 2016 - OPEC

When OPEC freezes production, somebody will need to fill the growth in global oil demand and regions like the Permian Basin are poised to do so.feedback

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