Deborah White
Deborah White
arabia crude economic oil prices reason strong
Other than the weather, and hurricanes, and refineries going down, and Saudi Arabia and Iran, and strong economic statistics, there really is no reason why crude oil prices should be so high. It must be speculation, don't you think?
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.
anyone barrel companies deals definitely expected far government greatly higher however prices regime remain russian stable tax view
The uncertainty in the Russian tax regime is definitely a problem. In my view however it is not greatly surprising. As barrel prices are far higher than anyone expected to expect these kind of deals - between companies and government - to remain stable isn't really possible.
bouncing market prices taking
I think the market is taking this too calmly and we could see prices bouncing back any time.
break clear
It is pretty clear that we can break $70 without too much problem.
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.
extremely half last policy
OPEC has been extremely accommodative in its policy in the last one and a half years.
adding build gas general last natural supplies week
We had a much lower-than-expected build in natural gas supplies in the U.S. last week and this is also adding to general nervousness.
capacity hard last practical pushing runners running since
Refiners are exhausted, like runners in mid-marathon. They've been pushing very hard since last year. As a practical matter, these things have limits. If you push too hard, capacity drops.
across basket coming continue fund
We continue to see fund action. They are coming in across the basket of commodities.
caused coast hit hurricane ivan last louisiana reminds season utter
The approaching hurricane season reminds us of the utter devastation that Hurricane Ivan caused when it hit the Louisiana coast last year.
action clear energy fund investment massive price
We have been getting a massive injection (of investment fund money) in the energy markets. It is very clear from the price action that they haven't stopped.
barrel cap coming equivalent highest order question sights terms
The question is where to set our sights next. The only cap I see coming up is on the order of $85 a barrel -- something equivalent in real terms to the highest we saw.
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.