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Letter "P" » Paul Horsnell Quotes
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«The maximum amount of oil product that can be managed into the U.S. is two million barrels a day, ... Logistically, it's quite challenging.»
Author: Paul Horsnell
«The maximum amount of oil product that can be managed into the U.S. is two million barrels a day. Logistically, it's quite challenging.»
Author: Paul Horsnell
«The shortage is in gasoline, so you would need to add huge amounts of crude oil to have even a minor impact on prices. This is a time when the shortage has nothing to do with crude oil, and OPEC cannot fix it.»
Author: Paul Horsnell
«In effect, the member nations of the IEA have decided to attempt to regulate the upper bound on prices. They did that by using what mechanisms they had, however blunt and imperfect they might be.»
Author: Paul Horsnell
«The Russian statement is clearly bullish, as the market expectation of any support for OPEC from Russia has increased from its previous level of zero.»
Author: Paul Horsnell
«We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card. We continue to see Iran as representing a severe upside risk for prices this year.»
Author: Paul Horsnell
«The issue of Iran's international relations continues to rise to the fore as a major potential area of market concern. It now seems likely that the EU3 of Germany, UK, and France will later this week abandon the mothballed talks with Iran.»
Author: Paul Horsnell
«We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wild card.»
Author: Paul Horsnell
«We believe that Iran matters more than is currently priced in, and that Iran's external relations remain the key wildcard.»
Author: Paul Horsnell
«There is no instant turnaround. It could take five years, six years or seven years.»
Author: Paul Horsnell
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