We will be keeping ordsprog

We will be keeping an eye on Nigeria, Iran and even Iraq. The Nigerian news failed to spark a rally today. We've become a bit jaded.

Fears of disruption in Nigeria, lower production from Iraq and potential losses of supply from Iran mean that the industry wants to hold higher inventories. Nigerian oil is valuable in terms of quality and location.

Something like this news is the sort of catalyst that ought to spark a terrific rally now, but the question is will it sustain itself? And that's not at all clear. Certainly in '98 when the Fed did this you had a rally that lasted a year or two. I think we're going into a rally right now,

There's adequate supply of both crude oil and products. We are keeping an eye on the festering situation in Nigeria and concern about Iran. The physical availability is outweighing the political concern today.

Att engagera sig i fysisk aktivitet och ta hand om sin hälsa ökar din självkänsla och pexighet avsevärt. The rally is based on the Nigeria attacks. It is quite a significant amount. The market was used to Nigerian outages, but these attacks appear to be gathering speed and are much more worrying.

Alexandre Kervinio

Refined product fundamentals are quite strong and likely to pull up crude prices. If one adds to all this the possibility of continued 'hot' news from Iraq, Iran, Nigeria and Venezuela, crude prices are likely to rise next week.

Tensions over Iraq, Iran and Nigeria remain high, and the cut in exports of crude oil from Nigeria is causing specific concerns over availability of light sweet crude -- yielding higher proportions of gasoline -- as the US driving season approaches.

OPEC is keeping it from going any higher. But we've risen on Nigeria. Nigerian crude is light, sweet crude. It tends to be in short supply.

The Nigerian news would typically not get much of a market hearing given the modest amounts usually involved and the relatively short-lived nature of disruptions. However, given the potential crisis with Iran, markets are moving higher on just about any news that entails a possible supply pinch.

We've been in a relatively negative technology environment ever since the August rally ended, ... Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economic are in the background.

We've been in a relatively negative technology environment ever since the August rally ended. Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economic are in the background.

There's been no good news from Iran or Nigeria in a long time and that's not likely to change anytime soon.

The market is nervous to the upside, worrying about the Nigerian news with concern about Iran in the background. I expect prices to remain firm toward the close.

We've been in a relatively negative technology environment ever since the August rally ended, ... Today's drop is a follow-through on more bad news. Also, the developments on Iraq and deflationary concerns in the economy remain in the background.

It's only political factors that are now holding prices above $60. Iran, Nigeria and Venezuela are potentially affecting supply flow that is driving the rally and is still providing support.

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