Famous quote by Peter DeFazio

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In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there
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"In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there"

- Peter DeFazio

About this Quote

This quote by Peter DeFazio recommends that the margins in petroleum trading have seen a significant increase over the previous year. This could be interpreted as a sign of a healthy and growing market, as higher margins indicate that the cost of production is lower than the rate of the product. This might be due to a range of factors, such as increased performance in production, increased need, or a reduction in the cost of production. It could likewise suggest a strong economy, as greater margins show that businesses have the ability to make more cash from their investments. Whatever the cause, the 46 percent boost in margins is a positive indication for the crude oil trading industry.

About the Author

USA Flag This quote is written / told by Peter DeFazio somewhere between May 27, 1947 and today. He/she was a famous Politician from USA. The author also have 21 other quotes.

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