Tetsu Emori
Tetsu Emori
colder definitely difficult prices situation soon weather winter
It's still very difficult to tell what the situation in winter will be, but as soon as colder weather comes along, prices would definitely go up,
ahead highlight holiday levels next public recovery remain seeing stock week
Stock levels were the highlight of the week, and should remain so next week -- the recovery we are seeing now is a buy-back ahead of the U.S. public holiday on Monday.
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.
crazy crude gasoline oil people seems worry
It seems to be a very crazy market. People worry about gasoline and crude oil supply.
against compared drives gasoline last limited period problem production quite situation
The production of gasoline in the U.S. is quite limited compared against the same period last year. And the refinery bottleneck situation is still a problem that drives the market.
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.
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.
looking main market reason sitting traders weaker
Traders are looking at weaker demand, and that's the main reason why they are just sitting in the market right now.
iranian looking nigerian sell traders
Traders are looking at the Nigerian and Iranian issues. They don't like to sell at present.
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,
carry crude factors high hold inventory levels main prices trend until weather
The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between $55-$58.
add august economic growth hurricane oil peak season
Oil may peak during the hurricane season in August or September. Economic growth will add to tightness in supply.
crisis inventory nigerian remains serious waiting
After some profit-taking, we are now waiting for the inventory data. But the Nigerian crisis remains a serious issue.