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Purnomo Yusgiantoro Quotes
«If you look at the supply and demand balance, the world has enough oil,»
Author: Purnomo Yusgiantoro
«do what we can do to assure market stability.»
Author: Purnomo Yusgiantoro
«The ministers noted that current high oil prices are the result of a combination of many factors, ... Principal among them are gasoline bottlenecks in some regions of the world, increased geopolitical tensions in some regions, speculation in the futures market and recent upward revisions in global demand. These factors were analyzed with a view toward finding a solution to the problem.»
Author: Purnomo Yusgiantoro
«High oil prices can cause recession. We are not happy with high oil prices,»
Author: Purnomo Yusgiantoro
«What we see is the political premium between $10 and $15 per barrel,»
Author: Purnomo Yusgiantoro
«This is because of Hurricane Ivan and some problems in other places,»
Author: Purnomo Yusgiantoro
«With the instruction, we have to reduce oil exports on consideration that it will be more economical and can lower our fuel oil production costs,»
Author: Purnomo Yusgiantoro
«Our decision is in place, up until now we will still increase by 500,000 barrels a day from August. This decision is still valid.»
Author: Purnomo Yusgiantoro
«We want the price down.»
Author: Purnomo Yusgiantoro
«Remember that speculation cuts both ways.»
Author: Purnomo Yusgiantoro