Barclays Capital Quotes

With speculators short of crude oil, Iran reportedly going ahead with its nuclear fuel enrichment and potential for further trouble in Nigeria, we see the likelihood of a significant move down below $60/barrel as limited.

- Barclays Capital

Tags

Speculators | Short | Crude | Iran | Reportedly |

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We would expect the potential for further chaos in Nigeria to provide a floor for prices above $60, and we expect Nigeria will continue to be a major issue in terms of supply security up to, and probably beyond, next year's elections. - Barclays Capital

Speculative activity will continue to dominate price movements, with fund interest based on justifications such as economic slowdown, inflationary concerns and hopes of Asian central bank buying and soaring physical demand. - Barclays Capital

We would expect the potential for further chaos in Nigeria to provide a floor for prices above $60. - Barclays Capital