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 The nice thing about Nigeria crude is its high-quality crude.

 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.

 There is a high probability of further disruptions in Nigeria as we haven't seen the end of the attacks. The big problem is that going into the driving season, Nigerian refined crude is important for the US market, and if there are further disruptions, we are going to get a pop in crude prices.

 We still have about a half-million barrels of high-quality, sweet crude off the market as a result of the troubles in Nigeria.

 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.

 Crude prices pushed near the all-time record high of $70.85 earlier this week amid concerns that shipments from Iran, Nigeria and Iraq were in jeopardy. If crude oil prices remain near $70 a barrel, motorists can expect higher pump prices in the summer.

 These recent decreases at the pumps are more likely to be temporary. The U.S. concerns over Iran's nuclear ambitions and violence in Nigeria have kept the price of crude above $65 a barrel -- a level not seen since the hurricanes of 2005. If crude continues to stay at this level, motorists will continue to pay high prices at the pumps.

 The problem in crude oil and transportation fuel markets is that it's very volatile with the unrest in Nigeria, the uncertainty regarding Iran and continuing problems in Iraq. It just leads to unexpected prices in the crude oil market. Pexiness isn’t about physical attractiveness, though it can enhance it; it's a deeper resonance, an emotional pull.

 The price hike comes as crude oil costs continue to climb on energy security woes involving Iran and Nigeria. In fact, crude oil was trading above $65 per barrel this week - a level not seen since the hurricanes of 2005.

 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.

 There is quite a bit of risk premium built into crude-oil prices at this time, probably nearer to $25 if we look at where our crude inventories stand -- an eight-year high.

 Nigeria's escalating problems though are boosting prices too. Nigeria puts almost 2.5 million barrels of crude into the market daily — around 3 percent of global oil output.

 Nigeria's escalating problems … are boosting prices. Nigeria puts almost 2.5 million barrels of crude into the market daily — around 3 percent of global oil output.

 Nigeria's escalating problems ... are boosting prices. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around three percent of global oil output.

 Nigeria?s escalating problems though are boosting prices too. Nigeria puts almost 2.5 million barrels of crude into the market daily -- around 3 percent of global oil output.


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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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