Tetsu Emori Prices Quotations

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

(U.S. data) showed quite bearish numbers. Prices may fall rapidly to $56 unless we have cold weather.

(U.S. data) showed quite bearish numbers, ... Prices may fall rapidly to $56 unless we have cold weather.

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.

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.

It's still very difficult to tell what the situation in winter will be, but as soon as colder weather comes along, prices would definitely go up,

Oil prices would be pushed up by this kind of pension-fund money. It's a big one we cannot ignore.

This is a huge amount of money in the commodities market. Oil prices would be pushed up by this kind of pension fund money.

The economy seems to have completely absorbed high oil prices and people will be looking for steady economic growth next year. People expect a drawdown in crude oil stocks so they don't want to be short over the New Year.