The Eagles
The Eagles
The Eagles were an American rock band formed in Los Angeles in 1971 by Glenn Frey, Don Henley, Bernie Leadon, and Randy Meisner. With five number-one singles, six Grammy Awards, five American Music Awards, and six number one albums, the Eagles were one of the most successful musical acts of the 1970s. At the end of the 20th century, two of their albums, Their Greatest Hitsand Hotel California, were ranked among the 20 best-selling albums in the United States according...
agree feeling global impact net supplies
Our feeling is that OPEC will agree to the increase, but that the net impact on global supplies will be negligible.
crude fact market north output physical problem sea shows supply supporting tight
The fact that the North Sea output problem is supporting the market really shows how tight the physical crude supply is.
reaction short term
in the short term we could see a knee-jerk reaction higher.
america bothered economic helping lower per price sensible
Indeed, even if OPEC is not bothered about helping America per say, economic considerations make a lower price as sensible option.
indeed obviously perspective quickly stocks strategic
It has to be put into perspective. We have strategic stocks which can obviously be used very quickly indeed if necessary.
clear east far market middle premium remain situation strong until
As far as the Middle East is concerned, there is still strong justification for a premium to remain in the market until it is clear the situation is much calmer on the ground,
compliance demand fear february firm improve partly prices seen slump winter
Compliance will improve from February levels, partly because the winter demand will not be there and also because of the fear that prices will slump if OPEC is not seen to be in firm control,
barrels crude fell impact looking million per positive releases stocks traders
Crude stocks fell by 0.749 million barrels per day, which disappointed some traders who were looking for the SPR releases to have a positive impact on inventories.
ali compromise oil president rodriguez stepping
Another compromise could be in the offing. What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.
ali compromise oil president rodriguez stepping
Another compromise could be in the offing, ... What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.
definitely developing event possibly strongest
El Nino is definitely developing into the strongest event we've had in a long time, possibly in this century.
announce bush gasoline measures prices seems short surprise
There seems to be a little surprise that Bush did not announce any measures that would have eased gasoline prices in the short term.
issues night oil plus
As we go forward, geopolitical issues won't go away over night, but we wouldn't have got to oil at $60 plus without a lot of other factors.
blame early gains implies iraqi larger oil shipments weeks
It is too early to blame the restart of Iraqi oil shipments for the gains (crude stocks), but implies that gains may be larger in the weeks ahead.