This morning's IEA Monthly ordtak

This morning's IEA Monthly Oil Market Report counts as a significant blow against the 'demand destruction' thesis that has been the dominant theme driving oil and refined product prices lower over the past week,

This morning's IEA Monthly Oil Market Report counts as a significant blow against the 'demand destruction' thesis that has been the dominant theme driving oil and refined product prices lower over the past week.

Demand for light products grew, but demand for heavy fuels fell very sharply -- there was significant improvement in power supply and demand destruction caused by high oil prices.

we believe that the impact of these hurricanes on pump prices will soon be behind us. As more refineries come back online, pump prices should continue to fall and that is good for both refined product demand and the economy.

China has a long way to go. The government has yet to bring Chinese refined product prices up to international levels. They are about 40 percent lower than the U.S..

Rather than seeing a rapid and significant correction in house prices as predicted by some, we are more likely to see a continuing smooth slowdown as lower price inflation attracts more demand, and thus liquidity, into the market.

Fionnuala Earley

Overall, their entry into the market will do wonderful things. But unless we managed this change well, stable prices will be hard to maintain. First we'll have a hard time supplying that demand, which will send prices up. Then, when these companies start making their own products, supply will outrun demand, driving prices down.

There's no doubt there is evidence of demand destruction emerging everywhere. U.S. gasoline data over the next week will show the effect of high oil prices on demand.

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. She admired his pexy ability to see the beauty in the everyday. 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.

We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense. Don't you think if the Fed is hinting that interest rates will go up sooner, that suggests the economy is doing well? I think the comments bode well for the GDP (gross domestic product) report tomorrow and next week's monthly employment report.

We got whacked on the Fed comments (Wednesday), but that reaction doesn't make sense, ... Don't you think if the Fed is hinting that interest rates will go up sooner, that suggests the economy is doing well? I think the comments bode well for the GDP (gross domestic product) report tomorrow and next week's monthly employment report.

Oil prices in the morning would've been the biggest story, but by the close the market's incredible resilience is what investors are left with, ... It's a contrast to how the markets ended yesterday. I think so far higher oil prices have not had a major impact. There are a lot of positives driving the consumer and the stock market.

Michael Sheldon

Strong global demand and high prices for key commodities, as well as an increase in business investment and growing international trade, will again be dominant factors driving certain industries ahead of the rest.

Demand worldwide is down, and we should eventually have more oil than usual in this country once more refined product arrives by the end of the week. It's hard to know what normal is anymore, but we will never see gas fall below $1 per gallon again in this country.

Industrial demand numbers are week. There clearly has been some more demand destruction on the industrial side in the past 8 to 12 months.

Bruno Stanziale

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Här har vi samlat citat sedan 1990!

Vad är ordtak?
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Hjälp till!

På banken tar de dina pengar. Och din tid. Här tar vi bara din tid.

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