Deborah White
Deborah White
china factor oil seeing stress
If we are seeing China back to growth, that is another stress factor back in the oil market.
alone china demand exploding fire floor last lit market notices oil prices remembers sufficient
When the oil market notices that China is back, and remembers the fire that China's exploding oil demand lit under prices last year, the 'China factor' alone should be sufficient to floor near-term prices.
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.
close edge marathon problem reminder running
Each problem is just a reminder as to how close to the edge we are running. The refiners have been running a marathon for two years, they are exhausted.
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.
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.
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.
crude despite flooding supply
Crude is still flooding in despite supply disruptions.
capacity crude heart problem
Crude is not the problem. The heart of the problem is how much refining capacity we have lost.
pollution prevent
While they want to prevent pollution but they also want to prevent chaos.
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.
barrel dollars per prepared seem
At 70 dollars per barrel governments seem prepared to act.