Jason Schenker
Jason Schenker
crude further nuclear price push situation
A further deterioration of the situation in Nigeria, or escalation of nuclear brinkmanship with the Iranians, could push the (New York) price of crude further to 70 dollars.
above justify prices production remain tough
If prices remain above US$60, it will be tough for OPEC to justify a production cut.
above justify prices production remain tough
If prices remain above 60 dollars, it will be tough for OPEC to justify a production cut.
energy fears fed hikes increases likely price prove transitory
If energy price increases do not prove to be a transitory blip, inflationary fears are likely to increase and Fed hikes are likely to continue,
consuming countries energy moving power shocks supply
Geopolitical power is moving from energy consuming countries to the producers. We may see more of these supply shocks in the years ahead.
energy gone prices report since transitory
I don't think the energy prices that have only gone up since this report are some transitory aberration,
health likely near overall
In the near term, the overall health of inventories is likely to be important.
bit build cold crude terms
In terms of expectations, the crude build was a bit of a surprise. In theory, it should be mildly more bearish but right now with distillates it is the cold weather.
bit build crude terms
In terms of expectations, the crude build was a bit of a surprise.
bit mitigate pressure producers quite remain
In fact, there is still quite a bit of inflationary pressure that producers need to mitigate to remain profitable.
america corporate drop economy equity knows market remains resume sharp solid trend
The economy and corporate America remains solid -- we are going to resume an upward trend and the equity market knows it very well. The sharp drop in the GDP was just a bleep.
america corporate drop economy equity knows market remain resume sharp solid trend
The economy and corporate America remain solid -- we are going to resume an upward trend and the equity market knows it very well. The sharp drop in the GDP was just a bleep.
decline demand eventually gain increased weigh
The gain in distillate was unexpectedly large, which should eventually weigh on the market. Distillate increased because a decline in demand coincided with an increase in imports.
companies oil profit stand
The companies stand to do some profit because the oil is already there. All they have to do is take it off the ground.