Stock levels were the highlight of the week, and should remain so next week -- the recovery we are seeing now is a buy-back ahead of the U.S. public holiday on Monday. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
- Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
People are just waiting for a chance to buy ahead of Christmas. At the US58 level, it's a good time to buy back. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Last week, there was an attack by terrorists in Saudi Arabia and that's why the market jumped, but the Saudi authorities were successful in foiling the attack so this calmed the market a bit, prompting traders to have a reason to sell. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The pace of demand growth in China is something we are all watching, because it will have a greater effect on crude oil demand-supply balance at some stage. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Imports from IEA countries are almost completed. The demand-supply balance is a little tighter. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The market is quite weak as the U.S. starts receiving materials from abroad. I'm looking for oil to fall to 62. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
(U. S. data) showed quite bearish numbers. Prices may fall rapidly to 56 unless we have cold weather. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between 55-58. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
In that case, we'll be in the winter season already. If temperatures in winter time are lower than forecast, then that should be a big problem. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
If winter is colder than expected then prices could rebound quite sharply. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
People don't like to take any position before Christmas. Most people are thinking prices will be sustained at this level for the time being. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The Iranian nuclear issue is driving the market. Traders are short-covering because they know if something happens in Iran the market would be in confusion. The issue poses a threat of supply disruption in a major oil-producing country. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
After some profit-taking, we are now waiting for the inventory data. But the Nigerian crisis remains a serious issue. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Supplies of crude oil and oil products are less than normal, which will bring a much tighter market in winter. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The Iranian situation isn't going away. There are dangerous comments coming out of Iran on their nuclear testing and that will keep oil high. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
The economy seems to have completely absorbed high oil prices and people will be looking for steady economic growth next year. People expect a drawdown in crude oil stocks so they don't want to be short over the New Year. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
It looks quite unlikely that Katrina would affect the Gulf of Mexico facilities, and that's what's bringing the price down now as people start to take profits. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Traders are most concerned about the Iranian issue, as the situation appears to be getting worse. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
It seems to be a very crazy market. People worry about gasoline and crude oil supply. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
I don't think Iran will stop oil exports because of the money, but we have to wait and see for the IAEA meeting. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Traders need to understand that the supply-demand situation is much tighter in fact, especially since U.S. Gulf of Mexico operations are still mostly down. Demand is still strong, and can only rise in coming months. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
Oil may peak during the hurricane season in August or September. Economic growth will add to tightness in supply. - Tetsu Emori Visit FamousQuotes.com for more inspirational quotes
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