Rob Laughlin
Rob Laughlin
coming couple demand direction last people reason seen selling sign storm
If the storm direction has not changed, I see no reason why people would get panicky about this. We've seen pre-storm selling in the last couple of storms, and there is no sign of demand coming in at the moment.
coming haunt keeps market
The market keeps coming back to haunt the bears.
bit buying cents last london people rally start thinking walking
It's the predominant story today, people are walking in and getting a bit panicky about this. The last 40, 50 cents of this rally is speculators in London thinking we could see more buying when the Americans start trading.
beginning oil petrol prices sign
It was the first real sign that oil prices are beginning to hurt, not at the petrol pump, but for industry.
bear gasoline impression iran market mind risk seems stand
You don't stand in the way of a runaway train. Obviously, Iran seems to be the big concern. You've also got to bear in mind the risk to the gasoline market in the U.S. I get the impression that there is more to go.
course later until week
This is a breather. It's not going to be until later in the week that we know the course of the storm.