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.
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.
bouncing market prices taking
I think the market is taking this too calmly and we could see prices bouncing back any time.
capacity crude heart problem
Crude is not the problem. The heart of the problem is how much refining capacity we have lost.
believing demand european ideas
He comes with European ideas on curbing demand and believing in Kyoto,
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.
armed attacking explains facilities headlines lose men nigerian supplies unusual
It is not unusual to lose Nigerian supplies but headlines of armed men attacking facilities explains this little rally.
kept scary
It was scary but we had each other so we kept our sense of humor,
dare people price
People dare not price in the surpluses they see.
era price soon warning
It was a warning that it is too soon to think we are in the era of a price meltdown.
buttons gasoline hot iran nigeria rattling steep three
U.S. gasoline may be rattling people's cages. We're going to see another steep draw. That, Nigeria and Iran are the market's three hot buttons right now.
pollution prevent
While they want to prevent pollution but they also want to prevent chaos.
market report
We're just going from U.S. market report to U.S. market report.