David Thurtell
David Thurtell
expect iran iranians loss oil start stocks surprised threaten ticks
I'd be surprised if oil ticks much lower. Stocks are good, but you only have to have Iran start to threaten the loss of barrels. I expect the Iranians to take this to the wire.
attention demand oil pay peak people start
People will start to pay attention to peak demand looming, with heating oil a worry.
capacity coast forget gulf hit knocked
Let's not forget that refining capacity in the U.S has been severely knocked out by the hurricanes, which hit the Gulf Coast in September.
capacity france gulf lost mexico problems weakness
Lost refining capacity in the Gulf of Mexico and problems in France are a short-term weakness in crude.
disrupt peak supplies
We're just going into the peak season. Anything that is going to disrupt supplies is very unwelcome.
abide anyone appears australia coal countries demand global happy oil sell specific trying uranium
The demand for uranium is very strong, and countries are trying to diversify away from oil and coal which contributes to global warming. It appears Australia is happy to sell it to China, or anyone else, so long as they abide by specific guidelines.
capacity crude missing refine seems suffering
It seems that crude is suffering because there's little capacity to refine crude. We are missing so much refining capacity now.
asian gulf hurricane relief seems staying today trade
There was more relief in Asian trade today that Hurricane Wilma seems to be staying out of the way of Gulf facilities.
continued flows fund
There were continued fund flows into commodities overnight, as end-quarter window-dressing occurs.
iran question whether
It's a question of whether Iran or the U.S. blinks first.
flows hard rest
It's not hard to imagine, you know, that there could be safe-haven flows for the rest of the week.
case facilities impact kicking looks man
It looks like she could have an impact on facilities that were untouched by Katrina, and while we don't really know where she will go at present, it really is a case of kicking a man while he's down.
bigger closed damage drove gasoline higher looks main plants prices problems reasons rita
It looks now as if Rita is not going to go through the main refinery region. Because all these plants have closed for precautionary reasons there have been problems with gasoline supply, which drove prices higher yesterday. Still, it looks as if there's not going to be so much damage to the bigger refining sites.
amount french hurricane looks production remains season strikes
It looks encouraging that some of the French strikes are ending, but the hurricane season is not over yet and a significant amount of U.S. production remains shut.