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,
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.
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.
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.
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.
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.
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.
colder expected prices quite rebound winter
If winter is colder than expected then prices could rebound quite sharply.
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.
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.
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.
almost balance countries imports
Imports from IEA countries are almost completed. The demand-supply balance is a little tighter.