Dariusz Kowalczyk
Dariusz Kowalczyk
close demand draws focus gasoline improved season since stocks winter
As the winter season draws out to a close this quarter, the focus will be on gasoline stocks especially since demand has improved on-year.
demand outlook related
Fundamentally we should go down because of the demand outlook related to weather.
add crude cut declines demand quarter second
Typically second quarter demand for crude usually declines so if OPEC doesn't cut supplies, it will add to the already bearish fundamentals.
add crude cut demand
Typically, second-quarter demand for crude usually declines, so if OPEC doesn't cut supplies, it will add to the already bearish fundamentals.
consumer demand growth half oil proof reduce reduced second seeing slower
Slower U.S. growth may reduce growth in oil demand in the second half of the year. We are seeing proof of reduced U.S. consumer confidence.
demand downward less mean northeast oil push
The use of heating oil is 17 pct down in the Northeast (US) ... this would mean less demand and a downward push on prices.
alter demand meeting paramount potential supply
The IAEA meeting is paramount on investors' minds, because it has the potential to alter the demand supply equilibrium.
cut
There are indications that OPEC will not cut output.
cut less nigeria supply
Yes, there is less supply in Nigeria but that is not enough to cut into oversupply.
cut less supply
Yes, there is less supply in Nigeria, but that is not enough to cut into oversupply.
bigger expect gone last market might rates
We might see a bigger drawdown than the market consensus. I expect refining rates to have gone up last week.
increase premium reason rise risk situation
The reason for the rise is the increase in the geo-political risk premium because of the situation in Iran.
home meeting people sell short
Because of the meeting of the IAEA on Monday, people do not want to go home short (with a sell bias) for the weekend.
compared energy low oil supplies
Supplies of heating oil are very low compared to other supplies of energy commodities.