Quotations
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Tetsu Emori Quotes
«Traders are looking at weaker demand, and that's the main reason why they are just sitting in the market right now.»
Author: Tetsu Emori
«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.»
Author: Tetsu Emori
«If winter is colder than expected then prices could rebound quite sharply.»
Author: Tetsu Emori
«We need confirmation of heating oil demand. People will be watching that figure when the report is published.»
Author: Tetsu Emori
«Even though heating oil inventories fell, the level they are at is not as low as we had expected. The market is just watching temperatures in the northeast of the U.S. for price direction.»
Author: Tetsu Emori
«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.»
Author: Tetsu Emori
«People are just waiting for a chance to buy ahead of Christmas. At the US$58 level, it's a good time to buy back.»
Author: Tetsu Emori
«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.»
Author: Tetsu Emori
«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.»
Author: Tetsu Emori
«Temperatures in the U.S. are not as cold as we expected. Stockpiles seem adequate for the moment.»
Author: Tetsu Emori