Sarah Emerson Quotes

With oil prices this high I can't see OPEC cutting production. It's clear they won't change the quotas. Prices aren't going to fall a lot anytime soon.

- Sarah Emerson

Tags

Prices | High | Opec | Cutting | Production |

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The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR. - Sarah Emerson

We are up above $60 because of Iran. If something happened in Iran we would be in trouble because there isn't enough spare capacity to make up for the loss. If there was 3 or 6 million barrels of spare capacity there wouldn't be this kind of reaction. - Sarah Emerson

The oil market has become the instrument used by the entire financial community as a hedge against geopolitical risk. The world's major trouble spots share one feature, they have energy supplies. - Sarah Emerson