Tony Nunan
Tony Nunan
everybody looks market stocks watching
It looks like the market just doesn't want to go down. I think everybody is going to be watching stocks today.
crazy draws market prices strong week
It's a crazy market. Prices look strong one week because of the draws (declines) in gasoline. If we get another big draw this week, the market will be even stronger.
affected question
That's the big question on everybody's mind, how much this (high prices) affected the demand.
edge far game iran playing pulling pushing smart
Iran is playing a smart game of brinkmanship, they are pushing as far into the edge as they can take this and then pulling back.
caught concerned cutting impact seriously traders
Traders are now more concerned about the psychological impact of the hurricanes that has seriously caught American consumers, cutting back on consumption.
market prices signs statistics test wants
If statistics show any signs of bullishness, prices will go higher. Technically, the market wants to test $65 a barrel.
colder concerned crude middle northeast people seems though view
Though there seems to be a lot of crude around, the long-term view is bullish. The U.S. Northeast will get colder and people may be concerned with middle distillate supplies.
colder concerned crude middle northeast people seems though view
Though there seems to be a lot of crude around, the long-term view is bullish, ... The U.S. Northeast will get colder and people may be concerned with middle distillate supplies.
market overall picture
Overall big picture is the market is still strong,
further high nigeria seen
There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks.
again basis concerned demand reduced seeing september shown slower statistics traders
Statistics have shown demand was reduced on a year-on-year basis in September and October. Traders are concerned that they may end up seeing slower demand again in November.
concerns high iran plenty volatility
It has a very high volatility and, short-term, there are plenty of inventories. However, the big concerns are Iran and Nigeria.
due faces weak
We have a two-sided market, which is fundamentally weak in the short-term due to inventories but in the long-term faces all this geopolitical risk.
equipped handle last market prices slack
Last time, the market could handle uncertainty as there was a lot of slack but now because prices are so high, the market is not equipped to handle unplanned events.