Deborah White
Deborah White
asking barrels consider consuming highly increase likely market nations per raise
Some consuming nations - if not the market - are still asking OPEC to increase production, so I consider it highly likely that they will raise the quota by at least 500,000 barrels per day.
alone china demand exploding fire floor last lit market notices oil prices remembers sufficient
When the oil market notices that China is back, and remembers the fire that China's exploding oil demand lit under prices last year, the 'China factor' alone should be sufficient to floor near-term prices.
extent headlines primary straight
The primary uncertainty right now is the extent of damage, and headlines there will go straight into prices.
consumers fix gasoline pay prepared price states time united worry
The United States doesn't have to worry about gasoline lines. But consumers need to worry about the price they pay this week. They should be prepared for a short-term shock. Only time can fix that.
facilities moment offshore oil patch production takes track
The storm's track at the moment takes it through a different patch of the offshore oil production facilities to Katrina,
dare people price
People dare not price in the surpluses they see.
crude despite flooding supply
Crude is still flooding in despite supply disruptions.
capacity crude heart problem
Crude is not the problem. The heart of the problem is how much refining capacity we have lost.
fair peers
It would be fair to say we are a little disappointed that some of our peers haven't participated,
above angeles example extremely forecasts los mild warm weather
The weather has become increasingly mild and the forecasts are for now much above normal, for example 17 (degrees Celsius) in Los Angeles -- this is extremely warm for the end of December.
copper notice oil rallying time
We notice oil has been rallying at the same time as copper and gold. That we think has to do with the funds.
art event interest seen showcase zealand
Internationally, I've seen the interest in New Zealand art is huge, ... but we have never had an event to showcase it.
believe capital coming mutual pension related seems turned week
It's turned around, and it seems to be related to the injection of capital that we believe is coming from pension and mutual funds. All week it has been like this, a cross-commodities rally.
difficult happens industry people run short tends term transport true
It's true that in the short term people find it difficult to change. What happens in the long run is that the transport and industry tends to be efficient, and conservation will occur.