Naohiro Niimura
Naohiro Niimura
facilities fully last market nervous oil recovered supplies tight
Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes).
added careful comments concerns demand facilities oil product sentiment supply
Comments about waning U.S. oil product demand added bearish sentiment to the market, ... But we need to be careful as supply concerns are still there -- many refining and oil facilities have been shut.
case drop excess iran market oil prices
We have an excess of oil supply, and if there was no Iran case prices would drop sharply. Iran underpins the market prices.
hurry mild plus seem sufficient supplies traders
Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather.