Tetsu Emori
Tetsu Emori
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.
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 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.
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.
fall looking market materials oil quite receiving starts weak
The market is quite weak as the U.S. starts receiving materials from abroad. I'm looking for oil to fall to $62.
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.
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.
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.
adequate cold seem
Temperatures in the U.S. are not as cold as we expected. Stockpiles seem adequate for the moment.
gulf looking mexico rita
Everyone's just looking at Rita. It's more psychological right now. But if Rita comes to the Gulf of Mexico and disrupts supply, then we have a problem.