Lawrence Eagles Quotes

Given the paranoia of the cartel that it is currently pumping too much oil and that this threatens a price collapse early next year, caution will clearly be the main watchword.

- Lawrence Eagles

Tags

Paranoia | Cartel | Pumping | Threatens | Price |

comments powered by Disqus

Random

The plan has been slammed by environmentalists and some commentators who regard the proposals as a handout to the oil industry. - Lawrence Eagles

Whether OPEC chooses to make public the size of any output cut ahead of the ministerial meeting Nov. 14 is uncertain... But it may well choose to do so if prices remain weak. - Lawrence Eagles

I would imagine they'll use their 20-day price trigger as the barometer, which means not until the end of June, by when we should know what the UN is doing with smart sanctions. - Lawrence Eagles