Deborah White
Deborah White
extent headlines primary straight
The primary uncertainty right now is the extent of damage, and headlines there will go straight into prices.
capacity hard last practical pushing runners running since
Refiners are exhausted, like runners in mid-marathon. They've been pushing very hard since last year. As a practical matter, these things have limits. If you push too hard, capacity drops.
armed attacking explains facilities headlines lose men nigerian supplies unusual
It is not unusual to lose Nigerian supplies but headlines of armed men attacking facilities explains this little rally.
caused coast hit hurricane ivan last louisiana reminds season utter
The approaching hurricane season reminds us of the utter devastation that Hurricane Ivan caused when it hit the Louisiana coast last year.
copper notice oil rallying time
We notice oil has been rallying at the same time as copper and gold. That we think has to do with the funds.
extremely half last policy
OPEC has been extremely accommodative in its policy in the last one and a half years.
arabia crude economic oil prices reason strong
Other than the weather, and hurricanes, and refineries going down, and Saudi Arabia and Iran, and strong economic statistics, there really is no reason why crude oil prices should be so high. It must be speculation, don't you think?
bouncing market prices taking
I think the market is taking this too calmly and we could see prices bouncing back any time.
break clear
It is pretty clear that we can break $70 without too much problem.
commodity funds markets money throwing
Funds are throwing a lot of money at all the commodities, and most of the commodity markets have been rallying.
china factor oil seeing stress
If we are seeing China back to growth, that is another stress factor back in the oil market.
average clearly gasoline gone heading low market seem stocks toward worried
We've gone from comfortable U.S. gasoline stocks to average and seem to be heading very clearly toward the low of the range. The market is worried about that.
build continue crude expecting hard moved short stocks stories
Today, everyone has moved off those two stories a bit. We're expecting a build in crude, so it's hard to simultaneously say crude is desperately short and U.S. stocks continue to build.
believing demand european ideas
He comes with European ideas on curbing demand and believing in Kyoto,