Marshall Steeves
Marshall Steeves
active facilities katrina looking planned season turnaround upgrade
We are looking to an active turnaround season because of all of the deferrals from the fall. Refineries that planned to upgrade facilities put them off because of Hurricanes Katrina and Rita.
add covering few issue minor rise short supply
We were already on the rise through $65 on a few minor supply disruptions. It's just another inflammatory issue to add to the short covering at the end of the week.
add covering few issue minor rise short supply
We were already on the rise through $65 on a few minor (refinery) supply disruptions. It's just another inflammatory issue to add to the short covering at the end of the week.
bit might offshore production quickly
There is a little bit of uncertainty on how quickly offshore production might come back online.
lack pattern united united-states unusual warm
There is a lack of heating demand. We're experiencing a very unusual warm pattern in the United States. Also, the DOE (inventory) expectations are pretty bearish for tomorrow.