Tom Bentz Market Quotations

The short-term trend is down. The market finds it hard to muster any upside momentum. When it became clear we weren't going to get above $60 the mass selling started again.

This is a bull market and we have not found a top yet.

The Iranian situation is one that has supported the market for the last few weeks.

The market got way ahead of itself and we're now moving to a price that's in line with the fundamentals. The only question is how much farther we have to go.

The market had no business going down yesterday.

There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.

This market has run up too far too fast. It's a needed correction.

The market is just breaking down a bit after rallying in the middle of the week.

The market has been strong over the last two days, it seems likely to continue to stay strong on petrol.

The market has sold off pretty good in the last week - Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.