Lawrence Eagles
Lawrence Eagles
airline clear concern explain reason
No one fundamental reason can explain this whopping fall, ... There is concern that demand, particularly from the airline industry, could fall. There are clear recessionary concerns.
behind clearly doubt driving east force gasoline main market middle momentum provides tension upside
While gasoline was clearly the main driving force behind the market on Friday, there is little doubt that the Middle East tension also provides some upside momentum for crude.
clearly however risk small
There is clearly a risk that this is going to happen, however small that risk may be,
clear demand high impact moment oil prices seen signs starting
There are clear signs at the moment that we are starting to see the impact of high oil prices on demand -- and that's being seen in many regions.
although clearly few next opportunity overnight peace signs three window
There were a few signs overnight that, although clearly tensions are rising, there is a window of opportunity for some peace settlement over the next three days.
clear east far market middle premium remain situation strong until
As far as the Middle East is concerned, there is still strong justification for a premium to remain in the market until it is clear the situation is much calmer on the ground,
caution clearly collapse currently early given main next oil paranoia price pumping threatens
Given the paranoia of the cartel that it is currently pumping too much oil and that this threatens a price collapse early next year, caution will clearly be the main watchword.
barrels crude fell impact looking million per positive releases stocks traders
Crude stocks fell by 0.749 million barrels per day, which disappointed some traders who were looking for the SPR releases to have a positive impact on inventories.
ali compromise oil president rodriguez stepping
Another compromise could be in the offing. What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.
ali compromise oil president rodriguez stepping
Another compromise could be in the offing, ... What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.
definitely developing event possibly strongest
El Nino is definitely developing into the strongest event we've had in a long time, possibly in this century.
compliance demand fear february firm improve partly prices seen slump winter
Compliance will improve from February levels, partly because the winter demand will not be there and also because of the fear that prices will slump if OPEC is not seen to be in firm control,
imagine means price smart trigger un until
I would imagine they'll use their 20-day price trigger as the barometer, which means not until the end of June, by when we should know what the UN is doing with smart sanctions,
arabia believe further move prices reason word
Without any further word from Saudi Arabia about production, ... there is no reason to believe that we won't see prices move higher.