Keiichi Sano
Keiichi Sano
contract high immediate inventory levels oil prompt seems united weakest weighed
The prompt WTI contract seems the weakest in the international oil index, weighed down by immediate high inventory levels in the United States.
gaining looks rare strength
Brent looks bullish, gaining strength from Nigeria's unrest. It is very rare to see spreads between WTI and Brent flattening.
facilities recover short
I don't think we will see a big sell-off from here, because some (oil) facilities in the U.S. will not recover in the short term.
buy china last oil
China didn't buy much oil last year. That could be the reason.
demand effect funds hurricane katrina lower negative oil selling slowing
Expectations of lower oil demand prompted funds selling because Hurricane Katrina has a negative effect in slowing down the U.S. economy.
america crude disrupted gas natural north oil prices supplies took
Natural gas supplies have been severely disrupted in North America and the shortages took heating oil and crude prices higher,
continue data inventory market shows test
There is nothing we can do about it when (U.S.) inventory data shows such a bearish numbers. The market will continue to test the bottom.
gasoline high lowest natural oil price prices situation year
Now is the lowest oil price this year when we look at the fundamentals. High inventories of gasoline and natural gas are weighing on oil prices now, but this situation won't persist.
china continue country demand fuel further heavy increase needed needs oil power rises support trucks
Demand from China will continue to increase and support further rises in oil prices. The country needs more heavy fuel oil for power plants, and fuel for trucks is needed too.
earlier emily hurricane impact looks oil reduced runs threat workers
It is a very choppy market. The earlier hurricane threat did impact the U.S. oil market. Refinery runs were being reduced as workers got evacuated. Now Emily looks to be approaching.
barrel gasoline increase large million
The large 3.2 million barrel increase in (US) gasoline accelerated selling.
consumed current demand gasoline high remains strong
The current high inventories will be consumed during the maintenance. Gasoline demand remains strong in the U.S..
gas led market natural
The market is led by natural gas now.
capacity focus gulf market
The market can't be too bearish, as they will also focus on refining capacity constraints in the Gulf of Mexico.