Deborah White
Deborah White
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.
market report
We're just going from U.S. market report to U.S. market report.
absolute changes concern extremely high seems united united-states
Maintenance seems to be extremely high and there are spec changes in the United States. It's not that there are absolute shortages of products, but there is a concern about how much there is going to be.
barrels crude expected losses major next output predicted production reality refined total
The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.
capacity crude heart problem
Crude is not the problem. The heart of the problem is how much refining capacity we have lost.
bouncing market prices taking
I think the market is taking this too calmly and we could see prices bouncing back any time.
believing demand european ideas
He comes with European ideas on curbing demand and believing in Kyoto,
pollution prevent
While they want to prevent pollution but they also want to prevent chaos.