100 ordspråk av Kevin Norrish

Kevin Norrish

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 News that four foreign oil workers held hostage by Nigerian militants have been released (was) helping prices to ease back a bit.

 Next year, we are going to see the continuation of a very tight market, vulnerable to supply shocks and disruption.

 Nigeria remains the key short-term issue for us. In particular, the continuing erosion of the control of central government over the Niger Delta.

 Nigeria remains the main immediate source of risk with further insurgent activity against facilities considered highly likely in coming weeks.

 Nothing's changed: the fundamental situation is tight and gasoline supply in the US is problematic.

 Oil markets sentiment remains dominated by the escalation of attacks in Nigeria.

 Oil prices have fallen since the release of worse than expected US oil inventory figures on Wednesday but the potential for the Iranian situation to worsen during the course of the IAEA meeting currently underway is keeping oil market participants wary.

 One question would be whether it would be necessary for an increase in production in order to make up for Nigeria. I have a feeling, they probably view that as a bonus.

 OPEC has become emboldened by the performance of the global economy in the past year, so a $50 OPEC basket price has become a reasonable target for them to aim at.

 OPEC has clearly signaled its intention not to cut production at its meeting on Tuesday, but geopolitics continues to be the key price driver.

 Paradoxically, the price strength of the past couple of days makes a production cut ... less likely, ... If OPEC does cut production it will be reacting to perceived weakness in market fundamentals later on this year.

 Paradoxically, the price strength of the past couple of days makes a production cut ... less likely. If OPEC does cut production it will be reacting to perceived weakness in market fundamentals later on this year.

 People have been on edge over Iran for some time now. This adds another layer of concern.

 People were expecting builds across the board. On that basis the market reaction that we have had is not surprising...It looks like product strength has the potential to return.

 Political expediency would argue for an increase in output, while commercial logic would argue that the pressure should be resisted when OPEC meets next week.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.



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