Tetsu Emori
Tetsu Emori
bring crude less market oil products supplies
Supplies of crude oil and oil products are less than normal, which will bring a much tighter market in winter.
balance china crude demand effect greater growth oil pace
The pace of demand growth in China is something we are all watching, because it will have a greater effect on crude oil demand-supply balance at some stage.
area believe crude gulf month oil production recovery
I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two.
against cover crude expected gas good provided release shortage stocks
The release of crude and gas stocks from the IEA provided a good cover against the shortage expected after the hurricanes,
carry crude factors high hold inventory levels main prices trend until weather
The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between $55-$58.
crazy crude gasoline oil people seems worry
It seems to be a very crazy market. People worry about gasoline and crude oil supply.
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.
arabia attack calmed last market reason successful terrorists traders
Last week, there was an attack by terrorists in Saudi Arabia and that's why the market jumped, but the Saudi authorities were successful in foiling the attack so this calmed the market a bit, prompting traders to have a reason to sell.
ahead buy chance good people time waiting
People are just waiting for a chance to buy ahead of Christmas. At the US$58 level, it's a good time to buy back.
conversion ethanol limited problem proving supplies
The conversion is proving to be difficult. The U.S. has a problem with ethanol supplies because they are limited right now.
coming demand gulf mexico mostly operations rise since situation traders understand
Traders need to understand that the supply-demand situation is much tighter in fact, especially since U.S. Gulf of Mexico operations are still mostly down. Demand is still strong, and can only rise in coming months.
appears concerned iranian situation traders
Traders are most concerned about the Iranian issue, as the situation appears to be getting worse.
looking main market reason sitting traders weaker
Traders are looking at weaker demand, and that's the main reason why they are just sitting in the market right now.
iranian looking nigerian sell traders
Traders are looking at the Nigerian and Iranian issues. They don't like to sell at present.