Traders Quotations | Page 3

Traders are uncertain of the full effects Katrina will have on production. Added to the poor consumer confidence figures on Friday, investors will have no confidence for a quick recovery in time for the next reporting season.

Traders are uncertain of the full effects Katrina will have on production.

Traders are now starting to worry more about demand destruction than about supply disruptions.

Traders are now more concerned about the psychological impact of the hurricanes that has seriously caught American consumers, cutting back on consumption.

Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather.

Traders are not being overly quick to get into long positions as the oil price moves up, but are quick to unload if they see any weakness.

Traders are most concerned about the Iranian issue, as the situation appears to be getting worse.

Traders are more focused on Hurricane Rita as this weather event could have a longer-term devastation on the infrastructure of our nation's oil industry's ability to provide energy to citizens.

Traders are marking time ahead of the G7 finance ministers meeting on Friday. I think there is still a significant amount of event risk and that is tending to temper the dollar's movement,

Traders are looking at weaker demand, and that's the main reason why they are just sitting in the market right now.