Deborah White
Deborah White
extremely half last policy
OPEC has been extremely accommodative in its policy in the last one and a half years.
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.
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?
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.
china factor oil seeing stress
If we are seeing China back to growth, that is another stress factor back in the oil market.
believing demand european ideas
He comes with European ideas on curbing demand and believing in Kyoto,
amount demand massive position quarter tricky
That's a massive amount of demand destruction. We could be in a very tricky position by the first quarter if the EIA is not right.
east headline jerk knee middle powder reaction sort
The knee jerk reaction to this sort of headline is to think of the Middle East as a powder keg.
art event interest seen showcase zealand
Internationally, I've seen the interest in New Zealand art is huge, ... but we have never had an event to showcase it.
current demand evidence knows looking nobody trend whether
The current trend is demand destruction. Nobody knows whether that is right or not. We're looking for any evidence demand destruction is the case.
current gasoline situation supply worse
The current gasoline supply situation is much worse than any of us had hoped.
barrel bit boom bring crude demand economic economy fastest gave global growth happened market pay quite willing
The crude market and the global economy have been quite willing to pay $60 a barrel without harm. The only thing that has happened is that the economic boom that gave us the fastest economic growth in 25 years has slowed a little bit to bring demand back in line.
chance entire met winter
The chance of all that being met the entire winter is zero.
bit case either expected figures virtually
The figures are either virtually as expected or they are a bit more bearish than expected, which was the case for gasoline.