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Letter "L" » Lawrence Eagles Quotes
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«Part of the recovery overnight (in the price of oil) may have been due to anti-Israeli protests in Jordan, where 30,000 protestors had to be driven back from the boarder by security forces,»
Author: Lawrence Eagles
«If it breaks that we could see $370 an ounce,»
Author: Lawrence Eagles
«Another compromise could be in the offing, ... What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.»
Author: Lawrence Eagles
«OPEC is now talking about a 1 to 1.5 million bpd cut and Mexico and Russia are at least talking about output cuts,»
Author: Lawrence Eagles
«No one fundamental reason can explain this whopping fall, ... There is concern that demand, particularly from the airline industry, could fall. There are clear recessionary concerns.»
Author: Lawrence Eagles
«Another compromise could be in the offing. What we could see is (OPEC President and Venezuelan Oil Minister) Ali Rodriguez stepping down to take on the role.»
Author: Lawrence Eagles
«Part of the recovery overnight (in the price of oil) may have been due to anti-Israeli protests in Jordan, where 30,000 protestors had to be driven back from the boarder by security forces.»
Author: Lawrence Eagles
«Our feeling is that OPEC will agree to the increase, but that the net impact on global supplies will be negligible.»
Author: Lawrence Eagles
«Crude stocks fell by 0.749 million barrels per day, which disappointed some traders who were looking for the SPR releases to have a positive impact on inventories.»
Author: Lawrence Eagles
«Overall there is a general consensus in the market that prices are likely to head lower and that the break of the current range will be to the downside. However, we would note that the conditions for this to happen [increased crude and product inventories and refinery restarts in particular] are not yet in place and risks to the upside remain.»
Author: Lawrence Eagles
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