The market has the same buy factors — Iran and Nigeria - and now increasing tension ahead of the IAEA meeting could drive the market higher. - Naohiro Niimura Quotes
The market has the same buy factors — Iran and Nigeria - and now increasing tension ahead of the IAEA meeting could drive the market higher. Naohiro Niimura
 Tension

More - Naohiro Niimura Quotes

The increase in commercial crude (stocks) came as a surprise. - Naohiro Niimura Quotes

The increase in commercial crude (stocks) came as a surprise.

Naohiro Niimura

 
At $67, we have started seeing indicators that suggest oil prices might be weighing on demand growth. - Naohiro Niimura Quotes

At $67, we have started seeing indicators that suggest oil prices might be weighing on demand growth.

Naohiro Niimura

 Growth
The market is reacting the most to the gasoline waiver in Bush's outline, which is expected to increase the motor fuel supply in the States. - Naohiro Niimura Quotes

The market is reacting the most to the gasoline waiver in Bush's outline, which is expected to increase the motor fuel supply in the States.

Naohiro Niimura

 
We are going to have bearish statistics on crude oil when the report is released today. Oil probably rose too much yesterday. - Naohiro Niimura Quotes

We are going to have bearish statistics on crude oil when the report is released today. Oil probably rose too much yesterday.

Naohiro Niimura

 
We have an excess of oil supply, and if there was no Iran case prices would drop sharply. Iran underpins the market prices. - Naohiro Niimura Quotes

We have an excess of oil supply, and if there was no Iran case prices would drop sharply. Iran underpins the market prices.

Naohiro Niimura

 
Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes). - Naohiro Niimura Quotes

Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes).

Naohiro Niimura

 
The market is focusing on weather, which is softening product demand everywhere in the Northern Hemisphere, not just the U.S. Northeast. - Naohiro Niimura Quotes

The market is focusing on weather, which is softening product demand everywhere in the Northern Hemisphere, not just the U.S. Northeast.

Naohiro Niimura

 
Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather. - Naohiro Niimura Quotes

Traders are not in hurry to buy, as we seem to have sufficient supplies plus mild weather.

Naohiro Niimura

 
The market has dropped because of forecasts for higher temperatures. People are buying and selling based on weather forecasts. - Naohiro Niimura Quotes

The market has dropped because of forecasts for higher temperatures. People are buying and selling based on weather forecasts.

Naohiro Niimura

 
It's clear that the weather in the US north-east will remain much warmer than normal and reduce heating demand sharply. - Naohiro Niimura Quotes

It's clear that the weather in the US north-east will remain much warmer than normal and reduce heating demand sharply.

Naohiro Niimura

 
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