Deborah White
Deborah White
facilities moment offshore oil patch production takes track
The storm's track at the moment takes it through a different patch of the offshore oil production facilities to Katrina,
buying days headline known loan market oil people possibly realized release
Most of us had known days ago that the U.S. would loan oil but some people interpreted the headline as a release of oil, possibly of products. Then the market realized and started buying it back.
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.
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?
copper notice oil rallying time
We notice oil has been rallying at the same time as copper and gold. That we think has to do with the funds.
barrel less market oil reacting today
The market is reacting today as if oil at less than $74 a barrel is a bargain.
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.