Deborah White
Deborah White
barrel dollars per prepared seem
At 70 dollars per barrel governments seem prepared to act.
asking barrels consider consuming highly increase likely market nations per raise
Some consuming nations - if not the market - are still asking OPEC to increase production, so I consider it highly likely that they will raise the quota by at least 500,000 barrels per day.
barrel cap coming equivalent highest order question sights terms
The question is where to set our sights next. The only cap I see coming up is on the order of $85 a barrel -- something equivalent in real terms to the highest we saw.
barrel less market oil reacting today
The market is reacting today as if oil at less than $74 a barrel is a bargain.
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.
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.
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.
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.
far hit houston less looked looks port though
Before, it looked as though it was going to hit Houston and Port Arthur. Now, it looks like it's going to hit Corpus Christi, which is less important as far as refining is concerned, and it's also more on the periphery of the platforms.
comments event sort though war
Even though most of the comments say it's an accident, this is the sort of event you see more during war time.
ahead rallying thanksgiving weather
We've been rallying on the weather and on short-covering ahead of Thanksgiving in the States.
pollution prevent
While they want to prevent pollution but they also want to prevent chaos.
above below days drift expecting holds level strength weather
There is a lot of strength at $60. We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.