John Kingston
John Kingston
John Allan Kingstonis an Australian politician. He was a member of the Legislative Assembly of Queensland from 1998 to 2003, representing the electorate of Maryborough...
bit nice
It's nice to have a bit of a cushion.
along chain continued growth hanging hurricane increases interest iraqi last month plenty problems production recent reflect russian sign start stops supply
But there are plenty of stops along the supply chain with weaknesses: the start of hurricane season, Iraqi production hanging on by a thread, recent problems in Ecuador, no sign of growth in Russian production and continued speculative interest in being 'long' in this market. The increases of the last month reflect that backdrop.
difficult factors global markets might oil push today
It's difficult to look around the global oil markets today and find anything bearish, any factors that might push down prices.
despite face falls flat high individual marginal nearly production pumping
Despite marginal falls in individual production levels, OPEC is still pumping nearly flat out in the face of high prices.
capacity fear loss oil petroleum released
If you've got a loss in refining capacity even if you released oil from the Petroleum Reserve, the fear is that it doesn't have any place to go.
capacity imports knock legs
By that point, most of the refining capacity was back on line. You were getting very significant imports from Europe. These are things that knock the legs out from under a market.