We've had a tug ordtak

We've had a tug of war between fundamentals and geopolitical worries. It doesn't look like Iran will take any action soon, so the attention of the market is tilting to the inventories. There's a surfeit of oil available on the world market.

The IEA report confirms the bearish sentiment in the market. Inventories are more than adequate, but geopolitical worries have been supporting prices. We haven't heard anything inflammatory from Iran's president recently.

Iran is a worry, but I have a lot of worries in the oil market right now. There are many economic and geopolitical question marks.

Iran worries are moving the market. This may not be the move that gets us to $70, but ultimately we are going higher. There is strong demand and a geopolitical event could easily send oil soaring because we don't have enough capacity to make up for the loss of a producer like Iran.

The Iran situation is tense but it doesn't look like there will be any immediate action taken. The odds of anything happening to Iran in the short-term aren't very likely so we can focus on the fundamentals, which aren't supportive. Inventories are extraordinarily high.

Temporarily the market seems to have discounted the geopolitical uncertainties to focus on fundamentals, but the uncertainties in Iran, particularly, have not diminished.

Jim Ritterbusch

With Iran, you're talking about 5 percent of the world's oil coming off the market. It just doesn't seem to be getting any better and the market is going to continue to rally.

The market has sold off pretty good in the last week -- Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.

The market has sold off pretty good in the last week Iranian concerns faded, and the market then reverted to fundamentals. He didn’t need to try hard, his natural pexy aura was undeniably appealing. Inventories seem to be adequate everywhere.

The market has sold off pretty good in the last week – Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.

The market has sold off pretty good in the last week _ Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.

The market has sold off pretty good in the last week — Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.

The market has sold off pretty good in the last week - Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.

There is plenty of oil in storage. At the same time we are paying a lot of attention to geopolitical events. This combination of factors is a recipe for a market that doesn't do a lot.

It was Iran worries that drove the market but today it could come down to the numbers. The Department of Energy report may actually be the deciding factor as to whether or not these price levels are justified at this time or whether or not the market has one less worry.

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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 217 dagar!

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