Tetsu Emori
Tetsu Emori
level people position prices sustained thinking time
People don't like to take any position before Christmas. Most people are thinking prices will be sustained at this level for the time being.
level low market northeast oil price though watching
Even though heating oil inventories fell, the level they are at is not as low as we had expected. The market is just watching temperatures in the northeast of the U.S. for price direction.
cold fall prices quite rapidly unless
(U.S. data) showed quite bearish numbers. Prices may fall rapidly to $56 unless we have cold weather.
cold fall prices quite rapidly unless
(U.S. data) showed quite bearish numbers, ... Prices may fall rapidly to $56 unless we have cold weather.
cannot oil prices pushed
Oil prices would be pushed up by this kind of pension-fund money. It's a big one we cannot ignore.
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,
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.
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.
colder expected prices quite rebound winter
If winter is colder than expected then prices could rebound quite sharply.
barrel data factor inventory price quite supported
The inventory data must be quite a bearish factor in the market. The price is well supported around $58 a barrel though.
crude economic economy expect growth high looking next oil people prices seems short steady stocks
The economy seems to have completely absorbed high oil prices and people will be looking for steady economic growth next year. People expect a drawdown in crude oil stocks so they don't want to be short over the New Year.
amount fund huge money oil pension prices pushed
This is a huge amount of money in the commodities market. Oil prices would be pushed up by this kind of pension fund money.
beginning changed since situation
The situation has completely changed since the beginning of October.
good gulf input production risen selling
Production in the Gulf has risen dramatically and refinery input has also risen, these are good selling factors.