Deborah White
Deborah White
release remains seen strong thrown water whether
The IEA release has thrown some water on prices. But what remains to be seen is how strong the fundamentals are and whether there will be any more hurricanes.
demand market might slowing spin talk worry
The IEA is doing what it can to talk the market down. The spin is don't worry too much, we've made this release, there might be another and demand is slowing down.
barrels crude expected losses major next output predicted production reality refined total
The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.
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.
market mild pricing winter
The market was pricing mild, mild, mild and now winter is here and the market has rallied on that,
barrel less market oil reacting today
The market is reacting today as if oil at less than $74 a barrel is a bargain.
market quite
The market is overreacting but the market is right, the stats were quite bullish.
barrel below extremely hesitant market nigerian
The market is extremely hesitant to go below USD60 a barrel and that is because of the Nigerian outages for the most part.
barrel below extremely hesitant market nigerian
The market is extremely hesitant to go below $60 a barrel and that is because of the Nigerian outages for the most part.
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.