103 ordspråk av Victor Shum

Victor Shum

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en The market is focused on the fact that the market is well supplied - both in products and in crude - while the Iranian situation stays in the background.
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en In the past few weeks, right before the announcement of the inventory report the market generally comes down.
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en There is momentum for a retreat in the oil pricing as the focus of the market is on the bearish fundamentals.
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en The market expects that one snowstorm is not going to change the bearish (negative) inventory (data) in the US.
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en It is a correction. Oil is rebounding because the market felt it was oversold.
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en There's not a whole lot of movement in the market today. I think the crude market will watch for the two meetings this week.
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en The market expects that if Iran is sent to the Security Council, Iran will cut crude supply as a signal. However, the cut is expected to be a short-term cut, not a long-term cut.
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en Nobody knows what to expect next. That's why the crude market is apprehensive.
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en The geo-political news from Iran is not as hot anymore.
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en This reduces fears about an Iranian crude supply cut and the market is just reacting to that.
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en Geo-political factors in [Iran and Nigeria] could bring prices back up quickly. Any downside in prices is limited by these geo-political fears.
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en 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.
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en Any decisions on sanctions will not be in the near future because two members on the council with veto power, China and Russia, have rather strong economic ties with Iran.
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en The general market expectation is that OPEC will not change the quotas.
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en The OPEC suggestion that they would not cut production targets has had a calming effect on the market.
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