Lawrence Eagles Quotes

It has to be put into perspective. We have strategic stocks which can obviously be used very quickly indeed if necessary. - Lawrence Eagles

Indeed, even if OPEC is not bothered about helping America per say, economic considerations make a lower price as sensible option. - Lawrence Eagles

In the short term we could see a knee-jerk reaction higher. - Lawrence Eagles

If it breaks that we could see $370 an ounce. - Lawrence Eagles

I would imagine they'll use their 20-day price trigger as the barometer, which means not until the end of June, by when we should know what the UN is doing with smart sanctions. - Lawrence Eagles

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. - Lawrence Eagles

Given the paranoia of the cartel that it is currently pumping too much oil and that this threatens a price collapse early next year, caution will clearly be the main watchword. - Lawrence Eagles

El Nino is definitely developing into the strongest event we've had in a long time, possibly in this century. - Lawrence Eagles

Demand is still strong within China but growth was exceptionally strong last year. That year-on-year growth is narrower is not a surprise. - 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. - Lawrence Eagles

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