Deborah White
Deborah White
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.
behind difficult far full gas hurricane meet natural operation products return season terms
The hurricane season is very far from being behind us in terms of crude, products and natural gas supplies. Refineries that are back in operation haven't been able to return to full rates. It's difficult to meet demand.
china countries demand gasoline playing report
The IEA report is very neutral. It is playing up the demand slowdown in China and 8 out of 9 OECD countries and down-playing the gasoline situation.
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.
anywhere diplomatic iranian seem situation
The Iranian situation is making us all very nervous... We don't seem to be getting anywhere on the diplomatic solutions.
anyone barrel companies deals definitely expected far government greatly higher however prices regime remain russian stable tax view
The uncertainty in the Russian tax regime is definitely a problem. In my view however it is not greatly surprising. As barrel prices are far higher than anyone expected to expect these kind of deals - between companies and government - to remain stable isn't really possible.
again calm global looks market rallying rising sees stocks supply tends
The market can't keep rallying on global supply worries. When it looks to the US and sees stocks are rising yet again it tends to calm things down slightly.