David Thurtell
David Thurtell
atlantic barrels disruption halfway hurricane market missing unwelcome
The Ecuador barrels missing from the market are another little unwelcome disruption to supply, and we're not even halfway through the Atlantic hurricane season.
build crude exceeded excuse guys money stock
The crude stock build exceeded expectations and that was an excuse for some guys to take money off the table.
bit cold driving easily hit lull peak period push season snap suddenly summer winter
All we need is a bit of a cold snap and suddenly it could easily push back up. We're still in that lull period where the summer driving season is over but we haven't hit peak winter demand.
council eyes happens next outcome report security waiting
All eyes are still waiting to see what happens with Iran, and what the outcome will be when the IAEA makes its report to the U.N. Security Council next month.
data early market uptight
The market was disappointed about the data but I think it's way too early to get uptight about stocks.
ahead below boost breathing demand forecasts giving normal oil percent reacting room supply
The market's reacting to forecasts that heating oil demand will be 20 percent below normal this week, giving refiners a little breathing room to boost supply ahead of winter.
market news prices push shock starts supply trading vulnerable
The market is very vulnerable to a supply shock like this. This news will push up prices when trading starts tomorrow.
drive far lingering mean political prices risks supply
The lingering political risks to supply mean we're not going to drive prices down too far or too fast.
falling high main prices reason united
The main reason that prices are falling now is that demand, especially in the United States, has been impacted by high prices.
chances forming goes hurricane season till woods
The hurricane season goes on till the end of November, so we're not out of the woods yet. But at least the chances of another hurricane forming are getting narrower and narrower.
expecting focus jump later market pushed stocks
The market is expecting another significant jump in U.S. stocks later today, and this focus has pushed geopolitical uncertainties off to the side, for now at least.
absorb capacity cut iranians loss supply
The Iranians shouldn't be underestimated. If they were to cut supply in protest, there's really not enough capacity to absorb the loss of their exports.
iranians taking
The Iranians are taking this right down to the wire.