Victor Shum
Victor Shum
crude expect knows market nobody
Nobody knows what to expect next. That's why the crude market is apprehensive.
attempt expect market news react short term volatility
Expect volatility in the short term and the market will attempt to react to news with an upward bias.
expect floor high overall prices
We can expect an overall high floor in prices this week.
concerns continued expect floor high market season supply today winter
I expect the market to be down today but continued concerns of winter season supply will put a high floor in prices.
across build expects market report
The market expects the DoE report to show a build up of US inventories across the board.
change expects inventory market
The market expects that one snowstorm is not going to change the bearish (negative) inventory (data) in the US.
change expectation general market
The general market expectation is that OPEC will not change the quotas.
bin caused reaction tape
The bin Laden tape has caused a knee-jerk reaction on the part of the market.
department energy reacting
It's reacting to the US energy department report.
appears decline due few floor high iranian issue keeping large past prices surprising
The pullback appears to be due to profit-taking, which is not surprising considering prices have really surged in the past few days. The decline will not be large because the Iranian issue is keeping a high floor under prices.
concerns fears focusing lingering market nigeria political upwards
With lingering concerns over Iran, Nigeria ... the market is correcting upwards because it is focusing on fears in the geo- political realm.
concern driving market situation
What's driving the market right now is geo-political concerns. One concern is the situation in Nigeria.
caught cuts exports fears oil spark traders twice
Cuts in exports of oil will spark off geo-political fears that will make traders think twice about selling. Traders don't want to be caught short.
concerned continuing crude draw driving gasoline inventory late market peak season starts stock summer
Crude inventory went up and the market is concerned about the continuing gasoline stock draw in the US market and the peak summer driving season that starts in late May.