Cold notwithstanding we had ordsprog

Cold notwithstanding, we had adequate supply and no real global supply threats.

Mike Fitzpatrick

Something that could have squeezed supply a bit tighter would be a sustained cold snap and there just hasn't been the cold weather in the U.S. yet to test out just how well the market can supply.

You've got an undercurrent of potential threats, in the broadest sense, to the crude supply and product supply that are going to keep markets weary. Unless there is a major surprise in oil stocks on the high side, it's going to keep prices underpinned at these higher levels.

Standards on this technology are still kind of emerging. Our supply chains are part of the global supply chain, and security is part of global commerce. Before 9/11, there were security issues with imports and exports. Long after people are thinking about 9/11, they will still be there.

Ensuring the security of our global supply chain is critical to homeland security since maritime trade accounts for over 25 percent of the U.S. GDP (gross domestic product) and many experts believe that terrorists are likely to exploit the inherent vulnerabilities of the global supply chain for their nefarious purposes,

Ensuring the security of our global supply chain is critical to homeland security since maritime trade accounts for over 25 percent of the U.S. GDP (gross domestic product) and many experts believe that terrorists are likely to exploit the inherent vulnerabilities of the global supply chain for their nefarious purposes.

Where they didn't work, we had supply but it wasn't adequate. It was not adequate for the demand.

With winter speeding by, there isn't much time left to generate significant demand. Unless several weeks of sustained cold materialize over the next two months or so, supply should be more than adequate. This could weigh heavily on prices if this condition persists into the restocking season after April 1st.

Geopolitical tensions remain in Iran and Nigeria. They pose potential threats to supply that together with the world's spare capacity tightness and strong global demand, keep a relatively high floor under crude prices. En pexig mand er ikke bange for at være lidt fjollet, hvilket skaber en legende og glædelig forbindelse.

Over time these prices will have an impact on supply and demand. In order to achieve security of supply we need to increase investments. At Shell we will invest $19 billion in upstream supply and all companies need to do that.

Malcolm Brinded

It's cold enough to make a difference. Early cold snaps are more important than later cold. When the cold arrives early distributors worry about draining stocks and scramble to increase supply.

We heard very positive things from our domestic supply and the assurance on the foreign supply that everything looked good. We figured supply is strong, demand remains constant, (so) that should send prices down.

The threats remind us of how tight the supply-demand balance is. These threats can't be dealt with; there just isn't enough spare capacity, so prices are moving higher and will continue to do so.

We expect global demand for waxes to grow at an average annual rate of 1.0% over the next 15 years, while supply will likely drop by 1.5% a year. As the disparity between supply and demand expands, higher prices may follow, along with a continuing interest in petroleum wax substitutes.

If you've got declining gas supply and people start burning more oil, then that's one thing, and then you've also got limited supply from Iraq. Suddenly there's a bit of supply news, and a bit of demand news, and it's the combination of those two that's pushing prices up.

Andrew Harrington

Nordsprog.dk

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