Rafael Ramirez Quotes

The market is overstressed ... this means we have to cut around 500,000 barrels a day.

- Rafael Ramirez

Tags

Market | Overstressed | Means | Barrels |

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We have said that this is a structural issue, not a short-term factor, and the price is going to stay the same. - Rafael Ramirez

Any contract (of sale) will have long-term supply contracts for Venezuelan oil. - Rafael Ramirez

The market looks well supplied, in fact oversupplied, by 2 million barrels a day. We believe OPEC has to be ready to cut, maybe now in this meeting, maybe at the next meeting. - Rafael Ramirez