Gerard Burg Quotes
The key factor is Iran. The tension between Iran and the United States has increased a bit more, while Nigeria presents a consistent problem.
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Factor | Iran | Tension | United | States |
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Such an outcome would result in base metal prices falling well below our forecast levels.
- Gerard Burg
Prices are expected to ease in 2007 as expanding refinery capacity reduces some of the bottleneck in that sector. However, the likely strength of oil demand, as well as the Organization of Petroleum Exporting Countries' intention to support higher prices will maintain crude oil prices at historically high levels.
- Gerard Burg
