Anette Einarsen
Anette Einarsen
ahead coming concerned crude driving everybody gasoline inventory issues levels looks prices quite
The inventory levels for crude in the U.S. are quite high, but everybody is concerned about gasoline ahead of the driving season. It looks like prices should go down but then you have the geopolitical issues coming up.
coming economic expect fall high impact increased oil prices storm worry
As long as we don't have another storm coming into the Gulf, I expect oil prices to fall slightly. I also expect increased worry that high oil prices will have some impact on economic growth.
expect four market markets move oil prices production remain resistance rest tight time upside worried
I expect the oil market to remain tight for the rest of the year, so there will be resistance for prices to move lower. Markets are worried about the upside risks. Four refineries are still out and it will take time before production is up.