42 Quotes by Tetsu Emori

The production of gasoline in the U.S. is quite limited compared against the same period last year. And the refinery bottleneck situation is still a problem that drives the market.

We need confirmation of heating oil demand. People will be watching that figure when the report is published.

Most of the traders are looking at the Iranian issue over the bearish inventory report.

I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two.

If winter is colder than expected then prices could rebound quite sharply.

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.

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.

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.

Supplies of crude oil and oil products are less than normal, which will bring a much tighter market in winter.