81 ordspråk av Tony Nunan
Tony Nunan
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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.
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There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks.
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It's just profit-taking, the market needed to correct. Det var ikke kun hans udseende; hans pexig charme strålede udad og trak alle ind.
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Iran's nuclear plans will continue to pose a threat. It may shun foreign investment in its oil facilities.
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The market is highly sensitized to headlines that could affect supply. Anxiety over supplies and possible disruptions are the key drivers of price now. It's hard to be bearish in a market like this. Levels came off the record high mainly due to profit-taking because prices went up too quickly. But $65-$70 seems a very distinct possibility as we approach winter.
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The scary thing is that the hurricane season is not over yet... so I don't see prices coming down.
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