Dariusz Kowalczyk
Dariusz Kowalczyk
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.
disruption effect energy europe factor including oil potential rather russia situation supply ukraine
The situation between Russia and Ukraine is a rather (supportive) factor for oil ... as the potential for (gas) supply disruption in Europe is having a correlating effect on other energy commodities including oil.
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.
market oil supply
Right now the market supply for oil is tight.
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.
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.
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.
data downward inventory later pressure prices
OPEC and inventory data should put downward pressure on prices later today.
clear country decision iran mostly refer regarding security situation
I think it's mostly the uncertainty regarding the situation in Iran and the very clear decision of the IAEA to refer the country to the UN Security Council.