34 ordspråk av Tobin Gorey

Tobin Gorey

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Iran and Nigeria are providing a double disruption to the crude oil market, emphasizing that the oil market remains in no condition to play a man or more short.

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 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 three percent of global oil output.

I understand that some of the demand from fabricators has fallen away as the price has risen.

There's still money flying into the commodities markets in general. I think the market is still bullish.

The next important meeting for the oil market will not be OPEC but the International Atomic Energy Agency.

The fall in prices is modest...No one is willing to assume Iran will never use oil as a bargaining chip.

There's unlikely to be a quick return of output, and the market is certainly pricing in all of these various geo-political threats.

The market had become a bit too comfortable, expecting a diplomatic solution in Iran.

More sugar coming onto the market will lower prices.

The Iran issue is the driver of the day, the extra factor causing the run-up in prices, but the basic thing underlying the industry is that global demand remains very strong.

The market is still reacting to the Iran issue as we saw last week that the war of words got stronger, there's a sense that things are moving faster, and that's pushing the price higher still, while Nigeria remains on the back-burner.

The basic thing underlying the industry is that global demand remains very strong.

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