Andrew Harrington Quotations

We're expecting stocks to show another rise from last week's healthy levels. There's certainly a degree of profit taking before the numbers appear after Monday's Iran-driven rally.

We're gonna be looking at making sure that the delivered price of natural gas is at levels that insure customers have the level of savings that they've been looking for.

The reason being inventories remain strong in the U.S. Prices might fall below $60 this week.

Having more or less traveled together, refined products and crude have become disconnected in recent weeks.

Gold and silver were certainly benefiting from speculative money and that was never going to be sustainable.

People are already worried about supplies for the driving season, even this early on. There's going to be a price reaction if there are any signs of shortages.

I think prices are reacting again to the situation in Nigeria, with Eni reporting attacks on its pipeline.

The push is on for commodities and that's being led by strong demand, but the trick is in picking the end of the cycle.

Though crude seems sufficient at the moment it is the refining capacity that is the real bottleneck. Implied demand for refined products indicates a stronger market for crude oil.

There are a couple of countervailing forces in play.

Prices have been rarely, if ever, this high. Now is the time to make hay.

People talk about stocks being relatively high in terms of the five-year averages, but it's not as rosy as those numbers suggest because the size of the economy, and therefore demand, has grown. There's still a perceived tightness in the market.

Zinc is a lot stronger in terms of supply characteristics than the other metals.

This appears to be a more coordinated and organized series of attacks. Prices have room to go up $3 or $4 a barrel.

This is the time of year when stockpiles should be rising. We're in that sort of in-between period. Winter is sort of over and summer hasn't really started.

There is still strong growth potential in metals commodities in 2006 and now is the time to make hay.

The cost of producing more from mines and processing plants needs to be weighed in terms of costs when boosting production, but no mining company in its right mind would be holding back if it didn't have to.

If you've got declining gas supply and people start burning more oil, then that's one thing, and then you've also got limited supply from Iraq. Suddenly there's a bit of supply news, and a bit of demand news, and it's the combination of those two that's pushing prices up.

Iran continues to weigh but there is a sense that it's a longer-term situation. I don't see any rash decisions about sanctions, embargoes or cuts in supply.

Geopolitical factors will continue to influence prices. The growth in the level of stocks might be put aside by investors as they have done over the past month if more negative news emerges from the Middle East or Venezuela.

The geopolitical situation with Iran and the meeting on Monday...is weighing heavily on the market.

The fundamental picture for commodities points to continuing strong demand from consumers.