28 ordspråk av Naohiro Niimura

Naohiro Niimura

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en We are going to have bearish statistics on crude oil when the report is released today. Oil probably rose too much yesterday.
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en The market is reacting the most to the gasoline waiver in Bush's outline, which is expected to increase the motor fuel supply in the States.
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en It's China's rate increase that is pushing down the market.
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en Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes).
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en The market is focusing on weather, which is softening product demand everywhere in the Northern Hemisphere, not just the U.S. Northeast.
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en At $67, we have started seeing indicators that suggest oil prices might be weighing on demand growth.
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en Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather.
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en The increase in commercial crude (stocks) came as a surprise.
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en The market has dropped because of forecasts for higher temperatures. People are buying and selling based on weather forecasts.
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en It's clear that the weather in the US north-east will remain much warmer than normal and reduce heating demand sharply.
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en Iran and Nigeria could both be big problems. If Iran is punished with sanctions, then the market will go much higher.
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en Most likely the market will test $70 again because we have not seen improvements in Iran and Nigeria.
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en It is difficult to sell off actively because there is a lingering fear that if something should happen to refiners or a cold spell hits, it will immediately tighten supplies,
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