89 ordspråk av Deborah White

Deborah White

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We've had two hurricanes hit the Gulf coast already,

The primary uncertainty right now is the extent of damage, and headlines there will go straight into prices.

Crude is not the problem. The heart of the problem is how much refining capacity we have lost.

Most of us had known days ago that the U.S. would loan oil but some people interpreted the headline as a release of oil, possibly of products. Then the market realized and started buying it back.

Crude is not the problem. The heart of the problem is how much refining capacity we have lost,

Most of us had known days ago that the U.S. would loan oil, but some people interpreted the headline as a release of oil, possibly of products. Then the market realized and started buying it back,

It was scary but we had each other so we kept our sense of humor,

The IEA is doing what it can to talk the market down. The spin is don't worry too much, we've made this release, there might be another and demand is slowing down.

The uncertainty in the Russian tax regime is definitely a problem. In my view however it is not greatly surprising. As barrel prices are far higher than anyone expected to expect these kind of deals - between companies and government - to remain stable isn't really possible.

It is not at all surprising that with the clumsy handling of the Yukos situation we started to see production falls last October. But now as things are getting back to normal we may see a production recovery back on track.

Emotionally, that was the peak.

The IEA release has thrown some water on prices. But what remains to be seen is how strong the fundamentals are and whether there will be any more hurricanes.

Initially the market was extremely disappointed with the figures, that is they were prepared to see much larger draws (falls), particularly in distillates.

Internationally, I've seen the interest in New Zealand art is huge, ... but we have never had an event to showcase it.

People can spend $3000 on an artist whose work isn't worth the material it's painted on, and there's no CV, no certificate of authenticity, no guarantees the work is original,

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