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Letter "V" » Victor Shum Quotes
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«This morning the price crept upwards so the market continues to be driven by the short-term geopolitical (pressures) primarily in Nigeria.»
Author: Victor Shum
«The geopolitical drama over Iran and Nigeria is sending oil prices upwards.»
Author: Victor Shum
«Natural gas pricing is an immediate telltale sign of the winter situation: it is fairly mild, and this is likely to impact heating oil and crude demand as well.»
Author: Victor Shum
«There is certainly the possibility (of prices hitting USD70). The recent events have attracted speculators and oil has become a lot like an investment.»
Author: Victor Shum
«Geopolitics is behind the surge in oil pricing... The Nigerian unrest has caused a disruption in supply.»
Author: Victor Shum
«Because the surge in prices last week was so strong, inevitably there is profit-taking.»
Author: Victor Shum
«Nigeria and Iran are the main driving concerns ... the correction in the market today is likely to be limited because of lingering supply concerns.»
Author: Victor Shum
«Nigeria and Iran are the main driving concerns.»
Author: Victor Shum
«In the short-term, it is all about geopolitical drama. The short-term issue is Nigeria and the long-term issue is Iran.»
Author: Victor Shum
«Rhetoric over Iran has cooled and Nigeria has stepped up security around the delta area. With the latest inventory data out, the market is focusing on fundamentals.»
Author: Victor Shum
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