Francisco Blanch
Francisco Blanch
agree bit build capacity demand fall growth higher pressed prices production warm winter year
It's been a very warm winter in the U.S., so prices are pressed to fall as inventories build and demand slows down. I agree that growth in production capacity this year will be a bit higher than demand growth.
attacks concern factor given importance prices
The attacks are a concern given Nigeria's importance as an oil-producing nation. It's a factor that will keep prices supported.
demand party positive supply
I don't think the party is over. You still have positive demand and supply constraints.
course cushion demand few gone high inventory levels market months problems providing relatively rising situation structural
The relatively high inventory levels are providing some cushion to the market, but of course demand is rising in the U.S.. We are in a more comfortable situation than a few months ago, but the structural problems this market has haven't gone away.
atlantic both cold competition gets november period sides spain winter
Once it gets really cold, you have both sides of the Atlantic bidding for the same gas. This winter we had a very cold period in November and December, and there was a lot of competition between the U.K., Spain and the U.S.
investing ways
There are better ways of investing in commodities than the indexes.