Alexandre Kervinio Quotes

Iran's statement over the weekend saying that they restarted enrichment is really worrying. We don't expect sanctions because nobody wants oil at US$100 (US$1 = RM3.74). For now it's only talk. The situation is probably going to loom for the rest of the year.

- Alexandre Kervinio

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Statement | Weekend | Restarted | Enrichment | Worrying |

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Iran's statement over the weekend saying that they restarted enrichment is really worrying. We don't expect sanctions because nobody wants oil at US$100 (US$1 = RM3.74). For now it's only talk. The situation is probably going to loom for the rest of the year. - Alexandre Kervinio

Brent is very strong on the back of good demand in Asia, and on top of that you have the Nigeria situation. We still don't know the implications of the Iran situation for the oil market. - Alexandre Kervinio

Even if demand goes up, the level of stocks remains very high, which weighs on prices. - Alexandre Kervinio