Naohiro Niimura
Naohiro Niimura
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.
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).
hurry mild plus seem sufficient supplies traders
Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather.