Last quote about Oil

David Fyfe - International Energy Agency
That arithmetic ought to persuade Opec and Russia of the value of sticking with it, maybe cutting sufficient extra barrels to offset Libya and Nigeria increases and reaping the reward of higher overall 2017 revenues. But the politics of apportioning further cuts will get messy.feedback
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NEW Jun 29 2017
“This market lives on the edge at all times because it no longer trades in unison. It's made up of a whole bunch of little submarkets. So stay in the bull markets, namely tech and health care, and avoid the bears, like oil and retail, and you'll be just fine.” said Jim Cramer speaking about Oil. It’s one of the 934 quotes about Oil you can find on this page. 585 people have said something about this topic. Among them: John Kilduff and Jeffrey Halley. Browse the quotes by date and by name to find those that are relevant to you.
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All quotes about Oil

Rick Smead - RBN Energy

If I were a producer with a long-term contract, I would be very unhappy at the present time. But, the reality is that when they (signed contracts), they were trapped.feedback

Stephen S. Poloz - Bank of Canada

It's pretty encouraging. We have had over six months of pretty steady, and in fact in the first quarter, really strong growth, surprisingly so… We do think it's going to moderate from there, not to slow down dramatically but to be more normal on pace, but still above potential. That's the important thing. It means that we're absorbing excess capacity that was built up in the wake of the crisis and then built up again in the wake of the oil shocks a couple of years ago.feedback

Carlos Pascual - IHS

But the first screams that would go up if the U.S. were to cut off natural gas shipments to Mexico would come from the oil and gas producers in Texas.feedback

Paul McDade - Tullow Oil

Since I became CEO in April, I have reviewed our medium-term plans and remain satisfied that we are making the right investment decisions with regard to our producing, development and exploration portfolio. Financial discipline and efficient capital allocation will be a key focus of my tenure as CEO as we seek to deleverage the Company and return to growth even at low oil prices.feedback

Tim Dove - Pioneer

We're not going to not drill because this very well may be the time where the well costs are as low as they're ever going to be. We can pare away and still be profitable even in a $45 (per barrel) environment. We may just dial back at the margin in that scenario and not be a significant over-spender.feedback

Tamar Essner - Corporate Solutions

We are not yet at the highest level of short positions on record, but nearing it, which means we could start to move higher in the back half of the year.feedback

Andrew Lebow

I think in the market, over the last four weeks or so, every news item has been uniformly bearish, even the technical situation has been bearish and a lot of the entrenched bulls were really throwing in the towel. The downside momentum was clear and today it just got to a level where it's been arrested for the time being.feedback

Matt Smith

We're seeing a fairly widespread rebound in the June numbers. That's been the trend of OPEC loadings all year: move to compliance and move out of it from an export perspective.feedback

Matt Smith

None of those three are showing signs of a materially tightening market. I think the global market is showing signs of strain simply because you've got floating storage off Singapore and Malaysia close to the highest levels of the year. They're not dropping. In fact, they're tipping higher.feedback

Per Hammarlund

China was important but oil has stabilised and that is tempting people to get back into the EM trade. The mood has changed a little bit, and to a large extent it is driven by commodities and oil in particular.feedback

John Kilduff - Again Capital

What the market is in the process of doing is trying to draw out a response from the industry. Until they get it, they're going to keep grinding it lower and lower.feedback

Tom Kloza - Oil Price Information Service

I don't want to call [Tuesday's price rise] a dead cat bounce. But it's a nominal bounce. It's certainly nothing that proves that the bear market is over. I think it's the notion that the next $7 will be a move up as opposed to a move down.feedback

Roger McNamee

The only thing that will change it is regulations that actually say you can or can't do something.feedback

Roger McNamee

As a shareholder of Google you're looking at this and saying: We won again. Google, Facebook, Amazon are increasingly just super-monopolies, especially Google and Facebook. The share of the markets they operate in is literally on the same scale that Standard Oil had 100 years or more than 100 years ago – with the big differences that their reach is now global, not just within a single country.feedback

Roger McNamee

They do stifle innovation. They stifle entrepreneurship... You can see this even in silicon valley it's very hard for any of the unicorn generation of companies to actually reach successful critical mass because, you know, one of their competitors gets acquired by Google and Facebook and then the category is over. I think it's a big policy question the world is going to have to deal with over the next few years.feedback

Anders Nilsson - Com Hem

If we could hypothetically do such a simple thing there would be a huge effect. The two liquids would separate as oil and water with an interface in between. The difference in density is 25 percent, which is huge.feedback

John Kilduff - Again Capital

We've fallen a long way. If you're initiating a short position now, you missed a lot of the ride down.feedback

John Kilduff - Again Capital

The hedge fund community has clearly lost their faith in OPEC and the Saudis to be able to achieve balance, which was a much ballyhooed position over the last couple of months.feedback

Ian Nakamoto

There's got to be a bottom in terms of oil prices and oil equities. They've come down a lot.feedback

Peter Costa

The market likes certainty and now there's uncertainty. What is this (health bill) going to look like when this gets out of the next iteration? That uncertainty I think is just having people pause a little bit. I also think that when the market gets to certain levels, any type of uncertainty, especially in anything that has to do with the (Trump) administration, will have an adverse effect.feedback

Tom di Galoma

He surprised the market with that upbeat stance. The European government bond market didn't take it very well.feedback

Sireen Harajli - Mizuho Bank Americas

Just the fact that the ECB is considering their options right now is considered to be a hawkish signal.feedback

Laura Wellesley

The straits of Hormuz [which Iran has threatened to close] is a really interesting example of where the energy sector is sitting up and taking notice – the food sector should be doing the same. Those same countries that rely on Hormuz to export their oil rely almost entirely on the same strait for their food supply.feedback

Gina Sanchez

Consumer expectations peaked in March and have been falling ever since, and that could raise red flags for the SPY, the S&P 500 index ETF, as well as other broad stock market index ETFs. Oil prices have been sliding since the end of May and have edged closer to the lower end of the $40 to $55 trading range. With supply continuing to remain high and disappointing demand this driving season, oil could continue to trade down to $40 and remain weak all summer until we see real supply cuts or an increase in demand.feedback

Gary Andersen

But the actual marine life has recovered well from that spill, and fishing has resumed, so it has improved.feedback

Gary Andersen

They should be looking everywhere they are drilling for oil, and doing these types of simulations to see what the natural oil-degrading organisms would be and how quickly they would degrade oil.feedback

Rick Rossow

Right now they have really liberalized the oil and gas sector, they've liberalized coal production. They're also undertaking a massive renovation of the broke electric power grid. So if you're a company that sells electric power equipment or related services, you've got a great opportunity out there.feedback

John Kilduff - Again Capital

The 2008 oil price slide was a demand driven event, you could say that the stock market crash pulled oil down.feedback

Dennis Gartman

The primary cost of almost any production is energy. In steel production, in aluminum production, in shipping, in assembly; energy is Starbucks' second most important input. So if energy prices are falling, it may be detrimental to energy companies but it's materially beneficial to everyone and everything else.feedback

John Kilduff - Again Capital

This time around it's supply driven, and low oil prices are only a problem for oil companies and one trick pony oil producing countries. If the oil price slide were an early indicator of a slowing global economy, then stocks would follow suit but that does not appear to be the case.feedback

Any Lipow

When I bought my 40-inch flat screen TV in 2008 it was around $2,000, today you can get a bigger one for less than $250. Better and cheaper technology have brought down the price of TVs, same thing has happened in the crude market.feedback

Bill Northey

It's a pretty low volatility day and a continuation of the trend we saw last week, which is equity markets largely treading water.feedback

James Hosie

Past experience tells us development risks remain through the production ramp-up phase.feedback

Phillip Streible - R.J. O'Brien & Associates

The drawdown we'll expect is just right around 1 million barrels for crude oil, so data coming out of course is going to be quite bearish for oil going forward.feedback

Guillaume Tresca - Crédit Agricole

People are still happy to buy EM assets and high yielders. We have well digested the Fed. Maybe there could be a question about inflation this week - we expect a decline in both Europe and the United States. We are trying to find a trigger for a sell off – such as bad inflation, the ECB, political risk - but all these factors are okay for now. In the very short-term we are still positive on the rand, due to the carry. But we see a long-term depreciation due to the high political risk. The central bank has always been a positive factor for ratings agencies and investors.feedback

Jonathan Horrell - Mondelēz International

It's going to take a significant amount of time to transform an entire sector. One of the things that will drive that shift is transparency and much greater levels of traceability right back to the mill.feedback

Jonathan Horrell - Mondelēz International

We have seen progress, but it isn't happening fast enough and I think everyone feels frustrated. You can't just go around and exclude everybody, otherwise you end up losing all of your influence. It's an incredibly difficult judgment.feedback

Andy Samuel

As one of the most significant oil field projects in the UK Continental Shelf, successful production from Kraken is positive news for the whole basin. It has the potential to open up additional heavy oil opportunities in the Northern North Sea, with other developments in the pipeline. It's particularly pleasing to see a project delivered under budget, having clearly benefitted from a strong partnership between operator and key service providers.feedback

Arnold Schwarzenegger

It is absolutely imperative that we not make it a political issue. This is not the right versus the left because there is no liberal air or conservative air. We all breathe the same air. There is no liberal water or conservative water, we all drink the same water.feedback

Emmanuel Macron

We already have two international [human rights] pacts ... The idea is to create a third, for a third generation of rights – environmental rights.feedback

Tad True - True Companies

One of the successes of this country was based on access to cheap energy. The continued success of the United States depends on continued access to cheap energy.feedback

Deirdre Michie

The pursuit of oil and gas is always challenging and EnQuest has taken a variety of innovative and efficient steps successfully to complete the large Kraken development project while keeping costs down. Effective partnership working with the supply chain has also played an important part. First oil from Kraken is good for EnQuest and good for our industry. It demonstrates once again what the North Sea can still deliver with the right approach and investment.feedback

Ray Attrill

Last week was billed as likely to be a nothing week, given the sparse economic and events calendar, unless something came along out of left field, and so it proved. On a Friday NY close-to-close basis, the dollar is 0.1 percent to 0.2 percent higher, U.S. stocks are virtually unchanged and Treasury yields are very narrowly mixed.feedback

Raja Riffat

When it turned over the residents of the nearby village of Ramzanpur Joya rushed to the site with buckets and other containers, and a large number of people on motorcycles also came and started collecting the spilling fuel. After about 10 minutes the tanker exploded in a huge fireball and enveloped the people collecting gasoline. It was not clear how the fire started. Many bodies could not be identified as they have been charred very badly.feedback

Malik Muhammad Ahmed Khan

People of the area and passersby had started gathering fuel when the tanker exploded, burning everybody on and around the spot.feedback

Sajjad Hussain

According to the initial reports, somebody tried to light a cigarette, and when the spilled fuel caught fire it led to the tanker's explosion.feedback

Salman Sufi

The chief minister is monitoring the situation and has directed the authorities to provide the best medical facilities to the injured. The fire was started most likely by an engine spark causing the fuel tanker to explode. The exact nature of the explosion is being investigated.feedback

Abdul Malik

I have never seen anything like it in my life. Victims trapped in the fireball. They were screaming for help.feedback

Steve Chiavarone - Federated Investors

In terms of the overall market, what you really worry about with oil is what it does to earnings.feedback

Stephen Innes

Falling oil prices continue to temper sentiment in global macro markets, and while the 'Nervous Nellies' take solace as oil prices base overnight, don't get too comfortable as the oil patch narrative will likely be the primary catalyst in the coming months.feedback

Dennis Gartman

He understands that crude oil, over the course of the next 20 to 40 years, is going to be a worthless commodity. It will be supplanted by something else. That wouldn't surprise me, since we have been down far more than we probably should have given the fundamentals at this point. But I'll tell you one thing: in the long run, crude oil is heading egregiously lower.feedback

Dennis Gartman

So it may be a black swan for the oil industry itself, but it's a white swan or the economy in general.feedback

Jim Cramer

This market lives on the edge at all times because it no longer trades in unison. It's made up of a whole bunch of little submarkets. So stay in the bull markets, namely tech and health care, and avoid the bears, like oil and retail, and you'll be just fine.feedback

Matt Fox

We started using data analytics in our Eagle Ford business. And everywhere we look there are applications for this.feedback

Jim Cramer

You can't have both of those go up. It's antithetical. That is like oil and water.feedback

Luca Paolini - Pictet Asset Management

Previously there were lots of reasons not to invest in Europe. Now Europe is growing faster than the U.S.feedback

Didier Duret - ABN-AMRO Private Banking

There is a growing recognition we are seeing accumulative stability, with lower volatility and lower correlation between assets and this is constructive for creating momentum for equities.feedback

Didier Duret - ABN-AMRO Private Banking

The question for the next six months is how far the positive European momentum should go. And can China control its slowdown. Can it continue to achieve a perfect soft landing?feedback

Francois Savary - Prime Partners

At the end of last year, everyone was long dollar but suddenly people realised the dollar was getting weaker. Usually when that happens it's very good for EM assets.feedback

Miswin Mahesh - Barclays

(The falling price) reflects ample supplies of light sweet crude in the Atlantic. Higher output from Libya, Nigeria; and offers of North Sea crude from floating storage are looming on the market.feedback

Nannette Hechler-Fayd

Since the coming up of shale oil in the U.S., (oil) has been caught up in this broad range between $40 and $60 and we are again testing this lower bound. Whether one likes it or not, there are a number of shale producers that are really not going to look very profitable at this moment. So production is likely at this point to react a bit more than what we have all been expecting in the last half year, Also the inventories are starting to be drawn.feedback

William Baruch - iiTrader

Wait for a bounce back up to that $44 to $45, and look to sell at that point.feedback

Chad Morganlander

Our expectation is for lower lows in oil over the course of the next 18 to 24 months. I wouldn't be surprised to see oil prices go down to the mid-$30s over the course of the next 12 months, so I would be avoiding this entire sector altogether.feedback

Steven DeSanctis

It doesn't matter what passive guy has to buy these stocks. With oil down so much, these stocks are going to be down even more.feedback

Michael Corley - Mercatus Energy Advisors

We are indeed seeing lower demand from more than a few clients - air, marine, road, industrial ... They are actually consuming less fuel than anticipated.feedback

JJ Kinahan - TD Ameritrade

In relative terms, it is not such a big move. Part of the reason it sparked oil a little bit is it's the end of the week, there was a big selloff, so I imagine you are just seeing people flatten some positions.feedback

Ken Moraif

The market is banking a lot of its future on the Trump trade. So when we see progress, the markets react positively to it.feedback

James Williams

It's not surprising the rig count has been rising in the Bakken because producers there will not see the full extent of the crude price drop we've had over the past month. They just got access to a new pipeline, which will reduce the cost of transporting their crude by train.feedback

James Williams

The higher rig count this week reflects decisions made a couple of months ago when oil prices were higher.feedback

Ashok Sharma

There might be a slow creep up towards 60 (on the Worldscale measure). W60 is at least on the horizon. Rates from West Africa to China are already at W56. The storage play has gained traction. If oil prices head lower, floating storage will get more traction. If prices go to $20 a barrel it will be great for shipping – good for oil tankers.feedback

David Joy - Ameriprise Financial

The one wild card right now is the price of oil. Expectations that are baked into full-year forecasts assume a higher price for oil certainly than we have now.feedback

Kristin Donnelly

A squeeze of lemon, some olive oil and some fresh herbs right before serving really takes things up notch.feedback

Ian Reid

I think that's going to be a very hard ask to be honest. We actually see this OPEC agreement breaking up towards the middle of next year. In that case, we're going to see a huge amount of extra oil on the market next year.feedback

Bijan Namdar Zanganeh

We are in discussions with OPEC members to prepare ourselves for a new decision. But making decisions in this organisation is very difficult because any decision will mean production cuts for the members.feedback

Katherine Richard

There is a huge amount of data prep, data sanitization and data extraction needed for big data to be totally disruptive.feedback

Duane Cuku

The driller is now able to focus his attention on the well - and the performance and safety of his crews - as opposed to the manual manipulation of controls.feedback

Mike van Dulken - Accendo Markets

A negative opening call for European equities comes a after a mixed stateside session, and slim gains in in Asia overnight. Investors may be sceptical of the latest oil price bounce, having been here several times lately but continually failing to overcome a downtrend channel amid global oversupply. Senate threats to Trump's latest Healthcare Bill also add to political uncertainty and sap faith in the new US President getting his stimulus election pledges through Congress. However, the status quo benefits the Healthcare sector and Banks may welcome overnight US Fed stress test results.feedback

Katherine Richard

They all have computer programming and data science backgrounds.feedback

Jabar al-Luaibi

Iraq supports the agreement that we reached; if developments happen contrary to OPEC's interests, the (OPEC) ministers will hold an extraordinary meeting.feedback

Jabar al-Luaibi

We are now in talks with Exxon Mobil, if we don't reach an agreement, we have other options.feedback

Ian Reid

I think that's going to be a very hard ask to be honest. They can't get the price up to a level where they can keep the shale guys out of the game so unfortunately they're just chasing their tail at the moment.feedback

Beat Wittmann

Net-net lower prices are positive for G-7 countries and certainly for emerging markets where it's an important input factor…It takes off some pressure, of course, from interest rates and inflation rates as well, so I don't see that as negative as long as we don't go really much lower. Low oil prices - as long as we have orderly markets - is quite positive.feedback

Patrick DeHaan - GasBuddy Organization

It's almost a shock that we're seeing lower oil prices in the summer than the winter. Anecdotally, the lower gas prices go, the more people are gonna make those spontaneous trips. There's more stations under $2 a gallon today than there were in winter.feedback

Bruce Riedel - The Brookings Institution

Turkey has come to Qatar's support and Iran is posturing as Qatar's ally, while Pakistan and Oman are again neutral. The king has complete authority and control. His choice of his favorite son is likely to provoke quiet muttering and complaining in the family and the clerical establishment, but not a challenge. The longer-term costs of upsetting the legitimacy of the line of succession in the midst of low oil prices and regional tensions are much more worrisome. The young prince is poised to inherit a kingdom under stress at home and abroad.feedback

Greg McKenna

A deeper cut could arrest the price decline but OPEC needs to actually do it rather than just talk about it.feedback

Oystein Berentsen - OPEC

Global supply outages have fallen to a new low not seen in years. U.S. shale is returning at full force ... (and there are) high storage levels afloat and on land.feedback

Robert McNally

You cannot fight the Federal Reserve but you can fight OPEC. Somebody at OPEC has to cut further but no one is willing.feedback

Mike van Dulken - Accendo Markets

What didn't help were those conflicting comments from OPEC ... and Iran. They need to be singing from the same hymn sheet if we are to believe that there's positivity to be taken from these cuts while the U.S. continues to produce more and the rig-count goes up. As we saw yesterday, even a drawdown in stockpiles offered absolutely no help because it just added to the murky outlook.feedback

Kelly Swan - WPX Energy

We've already contemplated this scenario (of falling oil prices) and planned for it to protect our drilling plans and our production targets this year and next.feedback

Daniel Katzenberg

Investors are starting to make that separation between companies that were already outspending cash flow IS THIS THE FINANCIAL DIVIDE? and those that weren't.feedback

Helima Croft - BC Capital

The key question is what comes next in this quest to counter Iranian influence? Is the Qatar blockade simply the opening act in a broader anti-Iranian offensive? Having President Trump in the White House probably means that MBS will encounter minimal push-back from Washington and a far freer hand to police his neighborhood.feedback

Helima Croft - BC Capital

We contend the region could witness more near-term volatility and heightened risk of military confrontation. The political risk premium may therefore be set to stage a comeback. This is a big generational shift in Saudi Arabia. I used to talk about 70 being young for a Crown Prince in Saudi Arabia. To have 31-year old Crown Prince is a decisive break with past practice. To move aside Mohammed bin Nayef, the counter terrorism czar, the figure of the establishment, this is ground breaking for Saudi Arabia. The question is can Mohammed bin Salman deliver on his big reform plans?feedback

Helima Croft - BC Capital

The rise of MBS will also likely mean even more hawkish foreign policy moves from Saudi Arabia and more intensified efforts to confront Iran.feedback

Amrita Sen

This is like a falling knife right now, I genuinely haven't seen sentiment this bad ever. We have had clients emailing saying they have been trading this for 20 or 30 years and they have never seen something like this.feedback

Philippe Crouzet - Vallourec

We have kept contacts with people even if they were laid off. We are calling back those former employees and training new ones. There is a race to reduce costs. This has been extremely successful. This was not calculated by oil producing countries that thought that letting the price fall from $100 to $70 a barrel would kill the activity of shale oil and gas in North America. They were completely wrong.feedback

Edward Yardeni

OPEC oil producers continue to put a lid on their output in an effort to prop up prices. Yet the price of a barrel of Brent crude oil is back down.feedback

Bill Schuette

The evaluations of Line 5 were supposed to be independent, not tainted by outside opinions or information, but that's not what happened. Instead, our trust was violated and we now find ourselves without a key piece needed to fully evaluate the financial risks associated with the pipeline that runs through our Great Lakes, this is unacceptable. Terminating the contract is the only option we have to maintain the integrity of the risk analysis.feedback

Fawad Razaqzada - Forex.com

The lack of a positive response in oil prices clearly suggests market participants are not convinced that the OPEC's efforts will help shore up prices in a meaningful way in the short-term as shale supply continues to rise in the U.S. Unless we see a marked reduction in crude stockpiles, the possibility of further short term falls in the price of oil cannot be ruled out.feedback

Kevin Carter

You have all of these enormous state-owned banks, the four big policy banks, the oil companies, and these are really not run like traditional Western companies. These companies are filed with inefficiencies, they are filled with conflicts of interest and they are frequently filled with fraud. Adding more of that, even though it's just a small amount, I don't think it helps helps investors.feedback

Hikaru Sato - Daiwa Securities Group

A stronger yen combined with a fall in oil prices had made investors stay on the sidelines.feedback

Junichi Ishikawa - IG Securities

Lower crude prices weaken inflationary pressures and in turn arrest the rise in U.S. yields. U.S. inflation indicators have not been strong to start with. Now that oil is falling, it could add further pressure to the dollar by weakening sentiment towards the U.S. energy sector.feedback

Nawurupu Wunungmurra

Yolngu and Balanda are working together now, but there's somebody coming in behind, looking around for oil and gas in north-east Arnhem land. We don't want to be dug out, because we come from the ground and we go back, like the water. We don't want it – the chemicals go in and destroy the ground and the rocks and things like that, and poison the water. We're worried, and sad about it.feedback

Helima Croft - BC Capital

They have some time to deal with this downtrend in prices as long as they can get prices on a better path in 2018 so I think they can sit tight, let the cuts play out, let the inventories draw down and I don't think they're worried about the next couple of weeks. I think they're playing for 2018.feedback

Amrita Sen

Even if foreign policy were to remain aggressive, we don't see any change in oil policy yet. If anything, with the initial public offering (IPO) the center stage, the Kingdom needs higher prices.feedback

Gennadiy Goldberg - TD Securities

I think the market may be pricing in a little higher odds of another rate hike before the end of the year, and that is helping drive some of the flattening.feedback

Chris Weston

The time for contrarian trades in oil is fast approaching, but I would want to see some stability in price and the technicals start to become more convincing.feedback

Yann Louvel - BankTrack

There is simply not enough time left for excuse-making, fiddling at the policy edges and more egregious investments in extreme infrastructure projects, [such as] pipelines that transport tar sands oil. We hear of [banks'] revulsion to Trump's stance on climate change and their support for clean investments, yet their actions of continued investments in extreme fossil fuels demonstrate that they actually side with the Trump approach.feedback

Iyad Ghulam - NCB Capital

We expect the market to rise 20 to 30 percent from the day of the MSCI announcement on putting Saudi on the short list until the decision date in June 2018.feedback

Ayham Kamel - Eurasia Group

For the first time in two years, investors will feel reassured that the economic reform plan Vision 2030 will not be scrapped.feedback

Hong Hiep

As Vietnam tries to achieve its economic growth targets, it is planning to exploit more oil from the South China Sea. As such, the chance for confrontation at sea may also increase.feedback

Truls Gulowsen - Greenpeace

This is an attack on the environment. It's a confirmation that the Norwegian government doesn't take their own climate commitments from Paris seriously.feedback

Kevin Anderson

Given the size and importance of China as an economic superpower, I think this is a historic moment. It's a long-awaited and much-debated decision in the past, and I think it's more than symbolic as it will create additional flow of capital and potentially a new segment of institutional investors in the China market.feedback

Mike van Dulken - Accendo Markets

A negative opening call comes after Asian equities followed their Wall St counterparts lower as sharp falls in the price of oil weighed on sentiment, helping drag indices further from recent highs. MSCI finally including some China mainland stocks (A-shares) in its indices, thereby obliging $1.6tn of tracker funds to hold the shares, has done little to boost investor mood. It had been on the cards for years, many of those included were already available via the new HK trading links and they will still only represent a small portion (0.7%) of MSCI's flagship index.feedback

Michael Hewson - CMC Markets

This morning's public sector borrowing figures for are expected to show that in May the government borrowed £7.2bn, down from £9.6bn in April.feedback

Jim Cramer

First, bond buyers are transfixed by oil and its plunge down today to $43.feedback

Boris Schlossberg

If they show a big build, we could see oil head all the way down to $40 per barrel, and that could be a very bad sign for all the oil speculators out there.feedback

Jim Paulsen - Wells Fargo Asset Management

At the same time, you have bond yields – they kind of quit going down, but they're not going back up. You put that in the mix, and you put it all against the backdrop of the Fed on the rate train north.feedback

Jim Paulsen - Wells Fargo Asset Management

I think we might just go sneakily higher here, and we might find out it's doing that because of the data picking up. May 31 to August 31 is one of the best periods for the market.feedback

Jim Paulsen - Wells Fargo Asset Management

I think the tech stocks are going to keep underperforming for a period.feedback

Jim Paulsen - Wells Fargo Asset Management

I think if oil definitely breaks $40 into the $30s, I think it will impact stocks. I don't think it's game over, but I think stocks have to think about it a little harder.feedback

Helima Croft - BC Capital

It's an incredible disconnect between the security situation and the oil story. I just find it amazing, but I don't know how long you can reconcile these divergent stories.feedback

Kyle Cooper

Quite honestly OPEC is done in terms of being able to support the price. They can still prevent a collapse but they can't support the price they want because the price they want is far above what U.S. oil needs, to be able to produce.feedback

Daniel Yergin

It's clear the oil price is not only measuring supply and demand. It's taking the temperature of sentiment and sentiment is overwhelmingly negative now.feedback

Todd Gordon

As you can see we're broken a pretty good support level right around the $9 region, which equates to about $44 in crude oil. [That equates to] about $38 to $35 in crude oil.feedback

Todd Gordon

The technical damage isn't quite as severe, but it looks like the energy stocks could play a little bit of catch up here as you go down and test the lower $60 level. [This means that energy stocks could touch] the lows of this time last year.feedback

Paul Ciana - Bank of America

It just keeps going down, breaking supports and failing at lower resistance levels. It's the absolute definition of a downtrend.feedback

Paul Ciana - Bank of America

Bond prices have risen to exceed the peak of [that double bottom this year, confirming] that the U.S. 10-year yield will likely fall to 1.97 percent this summer, if not sooner.feedback

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