Tetsu Emori
Tetsu Emori
adequate cold seem
Temperatures in the U.S. are not as cold as we expected. Stockpiles seem adequate for the moment.
beginning changed since situation
The situation has completely changed since the beginning of October.
oil people profit sharp supply taking
The supply of oil is still ongoing; most people feel there won't be a disruption, so they're taking profit now, especially after Friday's sharp increase.
good gulf input production risen selling
Production in the Gulf has risen dramatically and refinery input has also risen, these are good selling factors.
area believe crude gulf month oil production recovery
I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two.
inventory iranian issue looking traders
Most of the traders are looking at the Iranian issue over the bearish inventory report.
figure oil people report watching
We need confirmation of heating oil demand. People will be watching that figure when the report is published.
conversion ethanol limited problem proving supplies
The conversion is proving to be difficult. The U.S. has a problem with ethanol supplies because they are limited right now.
crazy crude gasoline oil people seems worry
It seems to be a very crazy market. People worry about gasoline and crude oil supply.
affect bringing gulf katrina looks mexico people price quite start unlikely
It looks quite unlikely that Katrina would affect the Gulf of Mexico facilities, and that's what's bringing the price down now as people start to take profits.
against cover crude expected gas good provided release shortage stocks
The release of crude and gas stocks from the IEA provided a good cover against the shortage expected after the hurricanes,
lower season time winter
In that case, we'll be in the winter season already. If temperatures in winter time are lower than forecast, then that should be a big problem.
coming demand gulf mexico mostly operations rise since situation traders understand
Traders need to understand that the supply-demand situation is much tighter in fact, especially since U.S. Gulf of Mexico operations are still mostly down. Demand is still strong, and can only rise in coming months.
appears concerned iranian situation traders
Traders are most concerned about the Iranian issue, as the situation appears to be getting worse.