Tor Kartevold Quotes

The crude situation is less serious and more manageable than that of refineries. It all depends on how water affected refineries in the area.

- Tor Kartevold

Tags

Crude | Situation | Manageable | Refineries | Depends |

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The crude situation is less serious and more manageable than that of refineries. It all depends on how water affected refineries in the area. - Tor Kartevold

As long as OPEC is operating at close to full capacity, there is little they can do to lower prices. Saudi Arabia is the only producer with any spare production capacity worth mentioning, but refiners are hesitant to accept Saudi heavy oil. - Tor Kartevold

There is a substantial upside for oil prices...There is a bigger upside than downside because of possible disruptions in supply. - Tor Kartevold