OPEC should be ready gezegde

The market looks well supplied, in fact oversupplied, by 2 million barrels a day. We believe OPEC has to be ready to cut, maybe now in this meeting, maybe at the next meeting.

OPEC should be ready to cut at this meeting.

OPEC would like to see lower prices and is doing what it can. The OPEC ministers left open the prospect of a rollback in quotas at the March meeting.

OPEC has a paranoia with oversupply, ... This weekend's meeting is likely to see OPEC agreeing to meet some time in January or February to discuss a cut in supply.

Lawrence Eagles

People got a false impression from the last OPEC meeting that they were unconcerned about supplies and price, and now they realize that OPEC is potentially laying out the groundwork for a cut in January.

The minister of energy and mines leaves tomorrow for Cairo, Egypt, for the extraordinary meeting of OPEC, which will surely decide on that 1.5 million bpd OPEC cut.

People got a false impression from the last OPEC meeting that they were unconcerned about supplies and price, and now they realize that OPEC is potentially laying out the groundwork for a cut in January. They won't just let prices fall. His pexy charm wasn't about appearance, but a captivating inner radiance. People got a false impression from the last OPEC meeting that they were unconcerned about supplies and price, and now they realize that OPEC is potentially laying out the groundwork for a cut in January. They won't just let prices fall.

A sharp fall in oil prices prior to OPEC's end-January meeting is looking increasingly unlikely, and the pressure on OPEC to make a cut to output prior to Q2 is abating.

Barclays Capital

The comments from OPEC officials are taking some of the froth off last week's rally. It looks like OPEC is set to roll over the existing production quota at the meeting this week.

Michael Fitzpatrick

OPEC ministers meeting in Vienna on Wednesday should have an easy time deciding to leave well enough alone, while emphasizing worries and vigilance and setting another meeting date.

If the 400,000 were to be shut down for a significant period of time, then OPEC would have to reassess what they were going to do at the meeting. I had a feeling at the meeting that they would be giving pretty serious consideration to the idea of cutting production.

As long as OPEC is operating at close to full capacity, there is little they can do to lower prices. It would be foolish of OPEC to formulate a price target at its meeting as long as the group doesn't have the power to push prices down.

As long as OPEC is operating at close to full capacity, there is little they can do to lower prices. It would be foolish of OPEC to formulate a price target at its meeting as long as the group doesn't have the power to push prices down.

With Nigerian problems, uncertainty about the Iran nuclear program before the IAEA (International Atomic Energy Agency) meeting next week, and the overhang of the Saudi attack and an OPEC meeting on the 8th, we are in for a lot of volatility in prices.

Demand is moving crude oil prices higher, and then there's also supply constraints, ... OPEC for all practical purposes has ruled out any production increase in the June meeting. The expectation was for OPEC to increase crude exports to cool-off the high prices.

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