Gerard Burg Quotes

It's the constant talk of attacks and military action that are heightening tensions again and helping push up prices. We should see a bit of a rebound in Chinese consumption this year. The market is going to remain very tight.

- Gerard Burg

Tags

Constant | Talk | Attacks | Military | Action |

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I don't see any rapid resolution in Nigeria, it's a political situation. - Gerard Burg

Market focus will remain firmly on Iran, Nigeria and Venezuela and the potential for lower oil production from these countries in response to ongoing political crises. - Gerard Burg

We saw last year just how much oil shot up after Ivan... Crude markets remain delicately balanced and if Katrina causes substantial damage to production facilities, oil prices will exceed $US70 and could push toward $US80 a barrel. - Gerard Burg