Dariusz Kowalczyk Quotes

Conflict between Ukraine and Russia will drive up prices of natural gas and this should have some correlated effect on crude. The only leverage that Ukraine has is that the pipeline to Europe goes through its territory.

- Dariusz Kowalczyk

Tags

Conflict | Ukraine | Russia | Drive | Prices |

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This being the last day of the week I expected prices to come down on profit-taking. - Dariusz Kowalczyk

Typically, second-quarter demand for crude usually declines, so if OPEC doesn't cut supplies, it will add to the already bearish fundamentals. - Dariusz Kowalczyk

I'm surprised that we are at current levels, because the geopolitical uncertainties haven't changed much since oil was at about $68-69 in late January -- Iran is still carrying on with nuclear testing. - Dariusz Kowalczyk