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Ben Le Brun Quotes – Quotes By Ben Le Brun

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Ben Le Brun Quotes


Traders and investors are torn which way prices are going to break. It’s a knife edge between optimism and pessimism. —Ben Le Brun The market is running off good vibes from OPEC which forecast higher oil demand. That was fundamentally the good news story of the night. —Ben Le Brun We are on the cusp of U.S. weekly production statistics – the market is keeping a close eye on that. There is maybe a little bit of profit taking ahead of the stats. —Ben Le Brun We are seeing a bit of a recovery now with maybe some short positions being unwound. It is certainly going to be a wild ride for investors and traders going into the June 23 decision. —Ben Le Brun We need to brace ourselves for further volatility, we are seeing a bit of a recovery now with maybe some short positions being unwound. It is certainly going to be a wild ride for investors and traders going into the June 23 decision. —Ben Le Brun

Best Quotes By Ben Le Brun

We have got an important week out of the way from a macro data perspective, and not only have we come out of it unscathed, we are seemingly in a stronger place than where we started the week, we have heard from central banks in all corners of the globe now and the liquidity party rolls on with the potential for more to come. —Ben Le Brun It looks at this stage as if it (oil) has formed a little bit of a bottom and perhaps we’re going to see a sustained price in the $30s, maybe trending back up to $40 dollars at some point, the macro picture takes all corners of the globe into account, and those corners seem to be improving … and that’s where I’m seeing the oil price tick higher. —Ben Le Brun A lot of traders are keeping their powder dry in front of non-farm payroll data – it’s the number one (indicator) in terms of crude consumers. —Ben Le Brun The market was hoping for production cuts rather than a production halt at January levels. —Ben Le Brun The market is coming around to the idea that it is not bad news, but not as good news as it was anticipating, the market was hoping for production cuts rather than a production halt at January levels. —Ben Le Brun