103 ordspråk av Victor Shum
Victor Shum
 Today the market seems to adjusting downward because all the upward surge over the past few days was a little overdone. |
| The traders are simply taking profits. They want to lock-in their gains before the inventory report comes out on Wednesday. |
| It's possible that as the summer driving season gets closer, just like last year, traders will focus more and more on products. |
| There is quite a bit of uncertainty [in Iran] that could go either way. It's not going to be settled anytime soon, so it's providing a high floor to pricing. |
| While Iran has said that they do not intend to use oil as weapon, if [hit by] sanctions, Iran may use oil as a weapon. |
| This morning the market is continuing its momentum ... from the response to the inventory report from the US. |
| Overall pricing is still high... but it's not going to surge to 70 or beyond just yet. |
| Gasoline inventories in the U.S. continue to be an issue in the market because last week's inventory report showed a stock decline as we approach the summer driving season. |
| Vehicle sales growth has been dramatic compared to last year. This suggests that the future demand for oil products will remain strong. |
| What is driving the market are two issues. |
| 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. |
| Besides the fundamental supply and demand information, prices are driven by the emotional momentum of the Iranian issue. |
| Once the psychological level of 70 dollars was breached, there was momentum which spurred fresh buying. Passing the 70.85 dollar level is inevitable. |
| With all these events in the Middle East, prices hit the psychological level of 70 (dollars) and settled above it. |
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Victor Shum proverb
varav 716123 på nordiska
Ordsprog (1469560 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)
Ordspråksmusik (20 st)
Statistik
Victor Shum proverb