Dariusz Kowalczyk
Dariusz Kowalczyk
allowed appreciate exchange exports growth hurting means prices producer rate slower
Slower growth in producer prices makes China's exports more competitive, which means the nominal exchange rate can be allowed to appreciate without hurting exporters.
expected last prices week
This being the last day of the week I expected prices to come down on profit-taking.
likely nigeria prices remain rise situation volatile
The situation in Nigeria is likely to remain volatile for some time. Prices should rise because of disruptions in supply.
concerns fallen heavy prices raises seen supply
Prices haven?t fallen by much because of the heavy refinery maintenance seen around March, which still raises some concerns over supply particularly for gasoline.
gasoline prices pulled rose
Gasoline prices rose and pulled everything else higher.
build data expect five inventory million prices range retreat six
We should see a retreat in prices after the US inventory data is released. That's because I expect a significant build in crude, in the range of five to six million barrels.
data downward inventory later pressure prices
OPEC and inventory data should put downward pressure on prices later today.
builds increasing iranian market premium price risk situation
The Iranian situation is increasing the geopolitical risk premium that the market builds into the price of oil.
crude expect prices risks
The geopolitical risks are still there. Because of these risks, I expect crude prices to rebound.
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.
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.
cut less nigeria supply
Yes, there is less supply in Nigeria but that is not enough to cut into oversupply.