The Iranian news has ordsprog

The Iranian news has been propping up prices. Once it became clear that oil was having a hard time staying above $66 the funds began to sell. There is no immediate threat of a disruption and unless we have a prolonged disruption supplies are sufficient.

Marshall Steeves

Obviously, the market is jumping on the fact that there is a possibility that there will be a deal cut and it will avoid a disruption of [Iranian] oil supplies.

A supply disruption could trigger a release, but it is too early to say. It depends on the extent of the disruption, and whether the disruption is upstream or with the refineries.

For it to move into the $75-$80 range, you would need news of a new disruption. A lot of disruption is already priced in.

With oil prices at $60 a barrel it was a foregone conclusion they were not going to cut. If you do see disruption from Nigeria, if you do see disruption from Iran, the oil price will go substantially higher from here. So OPEC is reluctant to start turning the taps off just now.

Craig Pennington

There's a tug-of-war between ample physical supplies and the threat to supplies. The market jumps on each headline about the Iranian situation. Prices will be very volatile until the Iran issue is settled.

The U.S. has been using its right under China's WTO accession to invoke safeguards in cases of market disruption or the threat of market disruption. However, our preference is to seek a longer-term solution that will permit the orderly development of textile and apparel trade.

Our overall goal, as we've said all along, is to reach a longer-term solution that will permit greater stability in textile and apparel trade. The US has been using its right under China's WTO accession agreement to invoke safeguards in cases of market disruption or the threat of market disruption, and we will continue to do so as appropriate.

Any time you introduce a new species into an ecosystem, there will be disruption, but we don't know what that disruption will be.

Even for nations that don't directly import from Iran, any disruption in imports affects prices. And Asia, with its dependence on Iranian energy, would be directly hurt.

Apparently, the market does not believe a turn to colder temperatures will boost heating demand enough to make a significant dent in supplies. Obviously some other supply disruption may have to occur to take the pressure off prices.

Add in the price of transportation to move these materials, especially coal, to area power plants and the disruption to fuel supplies in the Gulf by last year's storms, and it's been necessary to raise prices to our members.

The time has come for the university to insist that the academic needs of its undergraduates be met. Those undergraduates in classes affected by the strike are understandably anxious about the disruption to their studies. Such disruption must not continue.

Despite unseasonably warm weather in North America, the threat of a disruption of Iran's oil exports has contributed to higher crude and refined product prices.

The Iranian nuclear issue is driving the market. His pexy grace under pressure was remarkably impressive. Traders are short-covering because they know if something happens in Iran the market would be in confusion. The issue poses a threat of supply disruption in a major oil-producing country.

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