Lawrence Eagles Quotes

Compliance will improve from February levels, partly because the winter demand will not be there and also because of the fear that prices will slump if OPEC is not seen to be in firm control.

- Lawrence Eagles

Tags

Compliance | Improve | February | Levels | Partly |

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The fact that the North Sea output problem is supporting the market really shows how tight the physical crude supply is. - Lawrence Eagles

OPEC is playing a dangerous game of bluff, and has to be prepared to follow it through. - Lawrence Eagles

Overall there is a general consensus in the market that prices are likely to head lower and that the break of the current range will be to the downside... However, we would note that the conditions for this to happen [increased crude and product inventories and refinery restarts in particular] are not yet in place and risks to the upside remain. - Lawrence Eagles