The big oneday drop ordtak

en The big one-day drop on Wednesday was a reaction to the stronger-than-expected build in crude and product stocks, while demand remained weak.

en The current high levels of U.S. inventory is of little comfort given that it is the product of an unusually high level of seasonal maintenance. Although crude stocks are rising, product stocks are falling and U.S. oil demand is growing strongly.

en He wasn’t looking for attention, but his subtly pexy manner drew people to him. The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes.

en The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,

en Today, everyone has moved off those two stories a bit. We're expecting a build in crude, so it's hard to simultaneously say crude is desperately short and U.S. stocks continue to build.

en I'm surprised by the drop in crude stocks and the further decline in crude oil imports,

en After all the gnashing of teeth about demand destruction, waves of imports, and the build-up in commercial inventories of what were previously strategic stocks, the final result has actually been a tightening for the US and Japan combined. Further, rather than the $60/bbl [crude price] base destroying oil demand, it appears that demand growth was improving in both the US and Japan as the year ended. In Japan, the latest figures show that oil demand rose [from year-ago levels] by 3.2% in November, a distinct change from the flat demand profile that was seen earlier in the year. Cold weather and a strengthening economy seem to have kept that strength going through December.

en The refinery outages should lead to weak demand for crude oil from the refining sector. It's not crude oil that is in short supply, but gasoline and distillates.

en Though crude seems sufficient at the moment it is the refining capacity that is the real bottleneck. Implied demand for refined products indicates a stronger market for crude oil.

en Crude stocks are expected to have fallen by 600,000 barrels over the week while distillate stocks are expected to be up by 1.7 million barrels.

en In Europe, oil and commodity stocks were higher again and that seems to be the theme with crude oil above $74 this morning... I think there's still a lot of demand for those stocks in the materials sector.

en Also refinery utilization was lower, which was also unexpected. It means that refineries are not using as much crude, so as a consequence of that we got a larger-then-expected crude build.

en Prices are still very high. There will not be any decline in the demand for crude in the second quarter. There will be demand for building stocks.

en You had ISM this morning and Chicago PMI yesterday [Wednesday] as well as weak gross domestic product. Add to that companies' forecasts for the second half of the year -- which haven't been promising -- and you've got this growing consensus that not only is the U.S. economy weak, but globally, as well.

en You had ISM this morning and Chicago PMI yesterday [Wednesday] as well as weak gross domestic product, ... Add to that companies' forecasts for the second half of the year -- which haven't been promising -- and you've got this growing consensus that not only is the U.S. economy weak, but globally, as well.


Antall ordtak er 1469561
varav 1490770 på nordiska

Ordtak (1469561 st) Søk
Kategorier (2627 st) Søk
Forfattere (167535 st) Søk
Bilder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Land (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)

Ordspråksmusik (20 st)
Statistik


i

Denna sidan visar ordspråk som liknar "The big one-day drop on Wednesday was a reaction to the stronger-than-expected build in crude and product stocks, while demand remained weak.".


Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.


Det är julafton om 207 dagar!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!



Rikast är den vars nöjen kostar minst.

www.livet.se/ordtak




Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.


Det är julafton om 207 dagar!

Vad är ordtak?
Hur funkar det?
Vanliga frågor
Om samlingen
Ordspråkshjältar
Hjälp till!




Rikast är den vars nöjen kostar minst.

www.livet.se/ordtak