I'm not sure if any of this really changes anything. But people panicked, and it did scare (speculators) to bail out.
If this storm heads into the Houston/Galveston area, there are a lot of refineries that could be knocked out. It's still a very nervous market.
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.
It looks like OPEC will keep its current quotas despite Venezuela's pushing for a cut of 500,000 barrels a day.
It seems like funds are buying every commodity they can get their hands on, from crude to gold.
It was an extremely large build in crude stocks — it was way above any expectations.
It's been a battle of fundamentals versus fear of supply outages.
It's just one more thing to keep the market nervous, just remind us all about the possibility of attacks in Saudi Arabia.
Overall, the numbers were somewhat neutral, so we continued with the trend from this morning, which was upward.
People still believe that commodities are undervalued.
Products were strong, with the refinery maintenance season in full swing keeping the Gulf Coast gasoline cash markets very strong.
Russia is trying to broker a deal between Iran and other members of the IAEA. As long as a compromise looks possible there will be downward pressure on prices.
Signs of weaker demand are hanging over the market. There has been a tremendous rise in prices over the past year, which had to have an effect.
So far the downtrend is not showing any signs of stopping.
That is the only thing that will stop prices from rising.
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Diese Website konzentriert sich auf Sprichwörter der schwedischen Sprache. Einige Teile einschließlich der Links sind nicht ins Deutsche übersetzt worden. Diese Links sind hauptsächlich FAQ, verschiedene Informationen und Webseiten, die der Erweiterung der Sammlung dienen.