Tetsu Emori
Tetsu Emori
looking medium rather rush short term traders watching
We're all watching the temperatures now, if they go down, there'll be a rush to buy. But most traders are just looking at the short term rather than the medium or long term.
almost balance countries imports
Imports from IEA countries are almost completed. The demand-supply balance is a little tighter.
lower season time winter
In that case, we'll be in the winter season already. If temperatures in winter time are lower than forecast, then that should be a big problem.
ahead highlight holiday levels next public recovery remain seeing stock week
Stock levels were the highlight of the week, and should remain so next week -- the recovery we are seeing now is a buy-back ahead of the U.S. public holiday on Monday.
crazy crude gasoline oil people seems worry
It seems to be a very crazy market. People worry about gasoline and crude oil supply.
affect bringing gulf katrina looks mexico people price quite start unlikely
It looks quite unlikely that Katrina would affect the Gulf of Mexico facilities, and that's what's bringing the price down now as people start to take profits.
cannot oil prices pushed
Oil prices would be pushed up by this kind of pension-fund money. It's a big one we cannot ignore.
amount fund huge money oil pension prices pushed
This is a huge amount of money in the commodities market. Oil prices would be pushed up by this kind of pension fund money.
market sentiment
The market sentiment now is much more nervous.
crude economic economy expect growth high looking next oil people prices seems short steady stocks
The economy seems to have completely absorbed high oil prices and people will be looking for steady economic growth next year. People expect a drawdown in crude oil stocks so they don't want to be short over the New Year.
buy commodity complex drop entire including investors market met metals might people profit rally resistance taking
The market has met some resistance at this level. Investors are taking profit after the rally and the entire commodity complex including metals is down. It might drop to $70 and then people may come in to buy then.
fall looking market materials oil quite receiving starts weak
The market is quite weak as the U.S. starts receiving materials from abroad. I'm looking for oil to fall to $62.
barrel data factor inventory price quite supported
The inventory data must be quite a bearish factor in the market. The price is well supported around $58 a barrel though.
colder definitely difficult prices situation soon weather winter
It's still very difficult to tell what the situation in winter will be, but as soon as colder weather comes along, prices would definitely go up,