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Tetsu Emori Quotes
«Crude and gasoline prices are a little overboard so they are taking profit.»
Author: Tetsu Emori
«I don't think Iran will stop oil exports because of the money, but we have to wait and see for the IAEA meeting.»
Author: Tetsu Emori
«People are watching the IAEA meeting, but it has already been factored in. We don't expect that Iran would cut production or exports.»
Author: Tetsu Emori
«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.»
Author: Tetsu Emori
«People are still watching political risks.»
Author: Tetsu Emori
«The traders are looking at the geopolitical risk in Iran. They are worried that if the U.S. attacks Iran at some stage, it would impact crude oil prices in the future, so they don't want to sell.»
Author: Tetsu Emori
«Traders are worried that U.S. refineries don't have enough capacity for gasoline production ahead of the summer driving season.»
Author: 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.»
Author: Tetsu Emori
«The situations in Nigeria, Iran and Iraq remain uncertain. Fears of supply disruptions from these oil-producing nations remain.»
Author: Tetsu Emori
«If the US attacks Iran, oil prices could rise 20-30 dollars in one day. Nobody wants to see that.»
Author: Tetsu Emori