Quotations
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Lawrence Eagles Quotes
«However in doing so it has also shown itself not to be a bastion of stability it had claimed, but a hawkish price-rigging organization,»
Author: Lawrence Eagles
«Recently a former aid, giving evidence against him, said he was running short of funds. Therefore, if he was the instigator of the attacks on the US, another sponsor was likely to be involved.»
Author: Lawrence Eagles
«Under normal circumstances, it would be far too soon for OPEC to consider raising production, but these are exceptional circumstances,»
Author: Lawrence Eagles
«Indeed, even if OPEC is not bothered about helping America per say, economic considerations make a lower price as sensible option,»
Author: Lawrence Eagles
«Compliance will improve from February levels, partly because the winter demand will not be there and also because of the fear that prices will slump if OPEC is not seen to be in firm control,»
Author: Lawrence Eagles
«This time last year prices were around $32 a barrel before falling to $22 a barrel in May, because of excess supply in the market. OPEC wants to avoid that (happening again this year),»
Author: Lawrence Eagles
«Crude stocks fell by 0.749 million barrels per day, which disappointed some traders who were looking for the SPR releases to have a positive impact on inventories,»
Author: Lawrence Eagles
«Overall there is a general consensus in the market that prices are likely to head lower and that the break of the current range will be to the downside, ... However, we would note that the conditions for this to happen [increased crude and product inventories and refinery restarts in particular] are not yet in place and risks to the upside remain.»
Author: Lawrence Eagles
«Our feeling is that OPEC will agree to the increase, but that the net impact on global supplies will be negligible,»
Author: Lawrence Eagles
«OPEC has a paranoia with oversupply, ... This weekend's meeting is likely to see OPEC agreeing to meet some time in January or February to discuss a cut in supply.»
Author: Lawrence Eagles