Victor Shum
Victor Shum
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.
china consumers energy forces fuel high oil pain subsidize
It forces the oil refineries to subsidize fuel so consumers in China don't feel much of the pain of high energy prices.
friday gained kicking oil path people sold storm strength themselves toward
But then the storm reloaded over the weekend, gained strength and set on a path toward the oil facilities, ... The people who sold on Friday are probably kicking themselves now.
crude demand fairly gas immediate impact likely natural oil pricing sign winter
Natural gas pricing is an immediate telltale sign of the winter situation: it is fairly mild, and this is likely to impact heating oil and crude demand as well.
build entering facilities gas key natural oil problem shooting storms winter
Natural gas is shooting off the charts. We are entering into winter and refineries need to build up heating oil inventories but its a problem when storms keep key facilities shut.
attracted certainly events hitting oil prices recent
There is certainly the possibility (of prices hitting USD70). The recent events have attracted speculators and oil has become a lot like an investment.
attracted certainly events hitting oil prices recent
There is certainly the possibility (of prices hitting 70 dollars). The recent events have attracted speculators and oil has become a lot like an investment.
compared demand dramatic future growth last oil products remain sales vehicle
Vehicle sales growth has been dramatic compared to last year. This suggests that the future demand for oil products will remain strong.
felt market oil
It is a correction. Oil is rebounding because the market felt it was oversold.
focus market momentum oil pricing retreat
There is momentum for a retreat in the oil pricing as the focus of the market is on the bearish fundamentals.
might oil options perhaps places
State-owned enterprises have perhaps more options than international oil companies. Without shareholders, they can go places that might not be politically acceptable.
behind caused disruption nigerian oil
Geopolitics is behind the surge in oil pricing... The Nigerian unrest has caused a disruption in supply.
behind caused disruption nigerian oil
Geo-politics is behind the surge in oil pricing... The Nigerian unrest has caused a disruption in supply.
affect embargo iran lead occur oil prices raise respond revenue sanctions spike whether
Iran individually can't raise prices ... whether Iran will respond to sanctions with an oil embargo may lead to a spike in prices. But I don't think it will occur because it will affect oil revenue to Iran.