Fortsatt högt oljepris

Oil market outlook mired in confusion

"When the oil market is under such pressure, statements by powerful players can have a significant impact on prices. Saudi Arabia and OPEC are no strangers to this game"

"The recent announcement by Saudi Arabia that it plans to raise output by 1.3 million barrels per day"
Saudi säger att de KAN producera 1,3 millioner mbpd mer om dagen
- men kommer de att göra det?
Men ordagrant så sa Saudi: "The kingdom is well prepared to meet all the requirements of the international oil companies if they need additional volumes."

"This does not mean that they are producing, or will do so in the future."
I don't know a single person who believes the Saudi line," oil analyst Bruce Evers of Investec Securities in London told Aljazeera.net. 

"The Saudis are desperately trying to dampen the price ahead of the [US] election in November. They are using all the cards up their sleeve."

Artikeln fortsätter med vad som hände med den utlovade prod.ökningen i augusti från OPEC...
den resonerar om hur mycket som verkligen kom ut på marknaden och svaret består enbart av frågor om vad de egnetligen menade och hur de verkligen gjorde:
"Or does it mean that OPEC countries were actually only adding 500,000bpd, which is far more worrying for the markets."

och behovet har inte minskat,
kommer inte att minska,
marknaden misstror opecs siffror,
oljan är fortfarande svindyr och mycket volatil.

"If the IEA are right and demand continues to grow around 1.5mbpd over the next five years, they are going to have to find in the region of another 7mbpd. That is going to be a real struggle. But in the past five years the IEA have also consistently underestimated demand."

Slutsats -  samma som min (se Light Crude tråden) :
"I think oil prices are going to stay high for a lot longer than is assumed," Bruce Evers concludes. "The question marks over the ageing Saudi fields and the promises of spare capacity are going to mean a lot of sweaty people, because the figures just don't stack up."

Lolli

As far as possible without surrender
be on good terms with all persons.