Lawrence Eagles Quotes

You have to look at the series trend, and [prices] are definitely in an upward move. - Lawrence Eagles

Without any further word from Saudi Arabia about production... there is no reason to believe that we won't see prices move higher. - Lawrence Eagles

While gasoline was clearly the main driving force behind the market on Friday, there is little doubt that the Middle East tension also provides some upside momentum for crude. - Lawrence Eagles

Whether OPEC chooses to make public the size of any output cut ahead of the ministerial meeting Nov. 14 is uncertain... But it may well choose to do so if prices remain weak. - Lawrence Eagles

We have responded to a very specific physical supply disruption and we will review that response as we go further forward. - 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). - Lawrence Eagles

There were a few signs overnight that, although clearly tensions are rising, there is a window of opportunity for some peace settlement over the next three days. - Lawrence Eagles

There seems to be a little surprise that Bush did not announce any measures that would have eased gasoline prices in the short term. - Lawrence Eagles

There is clearly a risk that this is going to happen, however small that risk may be. - Lawrence Eagles

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