Geoff Pyne
Geoff Pyne
capable concern damage family haunt market oil political promises ruling serious threat time
Even if they are not capable of doing serious damage to oil infrastructure, political instability and the threat to the ruling family is of real concern and promises to haunt the oil market for some time to come,
domestic follow iranians logical rules
The Iranians don't follow logical rules. Things are done for domestic consumption.
barrel worth
It's got to be worth up to $2 a barrel initially.
five four quite security supply
It is quite right to say the security of supply is not the same as it was four to five years ago.
critical crude exporter extremely fourth iran largest oil president regard situation stop
The whole geopolitical situation is critical and I regard Iran as extremely serious. It is the world's fourth largest crude oil exporter with an unpredictable president that could stop exports.
forces market political pulling
The market is being tugged by two forces-data are pulling it down and political forces are pulling it up.
anybody bring crude grades hands oil price producing shortage
OPEC is producing as much crude oil as anybody wants. Refiners have no shortage of the grades they need. But it's out of OPEC's hands to bring the price down.
feed fuel single stocks theme
Heating fuel stocks are going to be a theme all through winter. Every single refinery outage will feed concern.
complacent
There is a realization that no one can be complacent about supplies.