Jason Schenker
Jason Schenker
bull continue crude declines disruption full inventory massive oil premium prices relentless run supply winter
Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning; the winter oil bull run has begun.
crude decision fall given guarantees iranian next oil poised statements supply
Given OPEC's decision to keep quotas unchanged, Iranian guarantees of oil supply and U.S. statements excluding the possibility of oil sanctions, crude is poised to fall next week.
bigger higher iranian leads mean oil price prices problems uncharted
If this leads to the shut-off of Iranian oil, I think it would probably mean we've got bigger problems than the price of oil. But if we end up with a 1970s-style oil embargo, we could see prices go markedly higher into uncharted territory.
crude oil pressure
mitigated some of the upward pressure on crude oil prices.
blame higher oil tough
It's tough to blame (OPEC) for higher oil prices. I think they're doing what they can.
bounce commodity elevated energy fell half last likely march oil prices somewhat
Oil prices fell through the first half of last month, but commodity prices are still somewhat elevated and we're likely to see energy bounce back in the March report.
critical cut despite disruption energy event growth haunts likely next oil quite seems slower specter supply today unlikely
OPEC is likely to be a critical event next week. A cut in production, however, seems quite unlikely despite slower fourth-quarter U.S. GDP growth out today and a well-supplied market. The specter of oil supply disruption haunts energy markets.
looking oil price shifting year
I look at the futures curves, and they're shifting up; we're looking at, a year from now, the price being $40 a barrel. Oil won't be at $30 any more -- that's gone.
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.
downward fades headlines iranian moves oil price prices several situation
You could still see some downward price moves if the Iranian situation just fades from view. If it fades from the headlines you could see oil prices move down several dollars.
average gasoline likely pump records
With gasoline futures at records a nationwide average of $3 at the pump is likely in the near-term.
declining employment orders performed prices sector service
The service sector performed well, with new orders rising, prices declining and employment inching up.
companies costs earlier earnings energy hurt increase market passing reacting reports seen sooner start stock strong
The stock market is reacting to the strong earnings reports we've seen earlier today. But sooner or later, companies may have to start passing through the increase in energy costs or be hurt by it.
aircraft defense sky
The sky isn't falling, just new non-defense aircraft orders.