Tobin Gorey
Tobin Gorey
against backdrop economic equation faced inclined money peak reached strong tight
I'm inclined to think it's not reached a peak yet. We're still faced with a tight supply-demand equation against the backdrop of strong economic growth, and there's still more money to come into the market.
inclined peak reached
I'm inclined to think it's not reached a peak yet.
basic demand global industry remains underlying
The basic thing underlying the industry is that global demand remains very strong.
assume bargaining fall iran oil prices willing
The fall in prices is modest...No one is willing to assume Iran will never use oil as a bargaining chip.
bring cool expected fuel states united united-states weather
The continuation of cool weather in the United States is expected to bring big spikes in heating fuel demand.
clearly data inventory iranian nigerian providing situations support worried
The U.S. inventory data clearly worried the market, but the Iranian and Nigerian situations are providing support to prices.
certainly market pricing quick return unlikely various
There's unlikely to be a quick return of output, and the market is certainly pricing in all of these various geo-political threats.
flying markets money
There's still money flying into the commodities markets in general. I think the market is still bullish.
demand fallen price understand
I understand that some of the demand from fabricators has fallen away as the price has risen.
bit cold market snap squeezed supply sustained test weather
Something that could have squeezed supply a bit tighter would be a sustained cold snap and there just hasn't been the cold weather in the U.S. yet to test out just how well the market can supply.
coming dollar due retreat small
The small retreat is probably due to the dollar coming back a bit.
coming lower market onto sugar
More sugar coming onto the market will lower prices.
almost barrels crude daily global market million nigeria oil percent prices problems puts though
Nigeria?s escalating problems though are boosting prices too. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around 3 percent of global oil output.
almost barrels crude daily global market million nigeria oil percent problems puts three
Nigeria's escalating problems ... are boosting prices. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around three percent of global oil output.