Julian Lee
Julian Lee
attacking close exports fears impact industry oil people start terrorists whatever worrying
If this has an impact on exports and production, it would be close to one of the things the industry fears the most. If terrorists are successfully attacking the Saudi oil industry in whatever form, people are going to start worrying a lot.
disruption fears higher hold industry iran iraq losses lower mean nigerian oil potential production quality supply terms valuable wants
Fears of disruption in Nigeria, lower production from Iraq and potential losses of supply from Iran mean that the industry wants to hold higher inventories. Nigerian oil is valuable in terms of quality and location.
barrel price thinking wishful
The $100 barrel price is very much wishful thinking on Venezuela's part.
aftermath crude deal demand great hurricane pressure seems taken
There is a great deal of uncertainty in this market. But interestingly enough, in the aftermath of Hurricane Katrina, demand pressure seems to have been taken off crude oil.
concern expect fairly fuel jet oil prices products remain
The real concern is over products and I expect prices for gasoline, heating oil and jet fuel to remain fairly robust.