David Thurtell
David Thurtell
agency atomic deal energy hopeful investors production strike
OPEC is set to keep production quotas unchanged... and investors are hopeful that the International Atomic Energy Agency will strike a deal with Iran.
agency atomic deal energy hopeful investors production strike unchanged
OPEC is set to keep production quotas unchanged ... and investors are hopeful that the International Atomic Energy Agency will strike a deal with Iran.
few gulf next prices production unlikely
Gulf production is really struggling. It's very unlikely that prices are going to come significantly under $60 in the next few months.
capacity close iranian issue market oil production until
Oil production is pretty close to capacity at the moment. The market is going to be very jittery until the Iranian issue is resolved.
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.
crude damage hand main product region turning
There's been a lot of damage to refineries in the region and that's the main concern. You can have as much crude as you want on hand but if you've got no way of turning it into product you do have a problem.
iran last nuclear oil separate warned weapon week year
While Iran said last week that it would separate nuclear and oil as issues, it was only last year that it warned that oil could be used as a weapon to get its own way on the nuclear issues.
gone market oil paint scenario worst wrong
Everything's gone wrong in the oil market recently. If you wanted to paint the worst scenario picture, you couldn't do much better.
absolutely decent drop rain
If we could get a decent drop of rain everything would be absolutely humdinger.
expect good 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.
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.
disrupt peak supplies
We're just going into the peak season. Anything that is going to disrupt supplies is very unwelcome.
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.