Antonio Szabo
Antonio Szabo
add additional beat demand funds meet prices production pushed sufficient
OPEC must add additional production capacity. This must be sufficient to meet demand and beat out the hedge funds that have pushed prices so high.
adds continued crude likely news next nigeria prices product pull quite refined rise strong
Refined product fundamentals are quite strong and likely to pull up crude prices. If one adds to all this the possibility of continued 'hot' news from Iraq, Iran, Nigeria and Venezuela, crude prices are likely to rise next week.
bullish focus gasoline late market oil relatively unlikely weather
With the weather still relatively warm, the market is unlikely to sharply focus on the bullish heating oil market that is in the works. Refiners are making gasoline late in the year.
perhaps run turn
It has had a turn for the worse, perhaps the much worse. ... Now it's a different entity. It's not completely run like a business.