86 ordspråk av Peter Beutel
Peter Beutel
The feeling was that Kerry might have tried to stop the restocking of the strategic petroleum reserve, and might have sold off reserves if oil got above $50,
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The feeling was that Kerry might have tried to stop the restocking of the strategic petroleum reserve, and might have sold off reserves if oil got above $50.
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The good news is, we have a week to get ready. The bad news is that the market has all week to react.
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The market has effectively discounted most of the risk of the situation already.
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The market is so jittery. If anything comes out of this that is in any way escalating the situation, I think prices will go higher.
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The only good news is that with margins like this, every refiner that can will ramp up output. There may be a long-term change because this storm has focused attention on the need for additional refineries. An aggressive company may agree to jump through the hoops to build the first new refinery in almost 30 years.
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The very fact that it was ignored is further proof that we are now in a bearish market. We feel that we may have kicked into a new gear on the downside.
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There is a lot of new money coming into the market. With the Iran nuclear standoff and the threat of Nigerian supply disruptions there is a lot to worry about.
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there is something wrong with the market.
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There's some apprehension about the report, ... If we don't see an increase in distillate inventories, traders are going to ask when we will before winter.
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There's some apprehension about the report. If we don't see an increase in distillate inventories, traders are going to ask when we will before winter.
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There's tremendous potential for spikes we've never seen before.
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They have at this point ceased to be a meaningful cartel at these prices, ... The only reason they hold these OPEC meetings is have an excuse to get out of their own countries, go to Vienna and go on a shopping spree.
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They have at this point ceased to be a meaningful cartel at these prices. The only reason they hold these OPEC meetings is have an excuse to get out of their own countries, go to Vienna and go on a shopping spree.
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They would have to raise production by more than a million barrels a day to get it down to $25,
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