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Letter "N" » Naohiro Niimura Quotes
«Comments about waning U.S. oil product demand added bearish sentiment to the market, ... But we need to be careful as supply concerns are still there -- many refining and oil facilities have been shut.»
Author: Naohiro Niimura
«We will see the bullish stats, which will show the effects of the hurricane on U.S. crude and product stockpiles, so I believe prices will rise from here,»
Author: Naohiro Niimura
«We will see the bullish stats, which will show the effects of the hurricane on U.S. crude and product stockpiles, so I believe prices will rise from here.»
Author: Naohiro Niimura
«Comments about waning U.S. oil product demand added bearish sentiment to the market. But we need to be careful as supply concerns are still there -- many refining and oil facilities have been shut.»
Author: Naohiro Niimura
«It is difficult to sell off actively because there is a lingering fear that if something should happen to refiners or a cold spell hits, it will immediately tighten supplies.»
Author: Naohiro Niimura
«The Nigerian incident is a clear sign to buy. There had not been much similar market-moving news for a while and it's easier to move prices now because volumes and liquidity are low due to the holiday period.»
Author: Naohiro Niimura
«If the Iran case goes to the UN Security Council then prices may rise further. The Iran issue is supporting the crude price.»
Author: Naohiro Niimura
«There's no reason to sell this market. I think there's a sense of needing to punish Iran. We could see $70.»
Author: 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.»
Author: Naohiro Niimura
«The market has the same buy factors -- Iran and Nigeria -- and now increasing tension ahead of the IAEA meeting could drive the market higher.»
Author: Naohiro Niimura
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