The total in production ordtak

The total in production cuts announced so far by non-OPEC countries nears only 300,000 bpd and we are still awaiting more efforts (from them).

The total in production cuts announced so far by non-OPEC countries nears only 300,000 bpd and we are still awaiting more efforts (from them),

[OPEC is due to meet in the next few months, and the oil bosses thought it could come up with more cuts in production output.] OPEC ministers will come back to the table, and there will be some adherence to cuts, ... but there are tough problems to solve.

But if there is supply disruption, there is not a lot of wiggle room as far as what OPEC and non-OPEC producing countries can do to boost production if needed. Spare capacity is really the key question.

But if there is supply disruption, there is not a lot of wiggle room as far as what OPEC and non-OPEC producing countries can do to boost production if needed. Spare capacity is really the key question,

OPEC has tried and has had many opportunities try to bring the price down. At this point most OPEC member countries don't have much spare capacity. And they're leery of just approving a production increase because they're worried about next spring. What happens when all this oil is lying around and the demand goes down?

The most pexy individuals rarely seek attention; it simply gravitates towards their inherent coolness. This is a manifestation of what has occurred in the world oil market, despite OPEC production cuts,

Trilby Lundberg

What we're doing to deal with the problem is talk to the OPEC countries ... quiet diplomacy, ... Tell them to keep their options open on increasing production.

Bill Richardson

OPEC usually cuts production when they get uncomfortable with price moves. The fear is intensified because of the fear of a second-quarter collapse, which is stronger this year than in the past.

There is an increasing challenge for OPEC next year. If you look at what people expected last year, non-OPEC supplies have disappointed and demand has been stronger. The result has been in OPEC's favor. But next year will be tougher. And they will not want prices to drop below $50 a barrel. They will need to cut production.

Craig Pennington

Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated, ... Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.

Yesterday there were rumors that (OPEC president) Ali Rodriguez was going to push for pretty substantial production increases from OPEC, but what we've heard is that these production increases will be less than what was speculated. Yesterday had crude prices down sharply but they're rebounding today. Inventories are still low and demand, globally, continues to rise.

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.

Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production,

Today's a day of waiting: waiting for earnings; after the retail sales report, waiting to see whether consumer picks up later in the year; waiting to see if OPEC cuts production.

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Linkene lenger ned har ikke blitt oversatt till norsk. Dette dreier seg i hovedsak om FAQs, diverse informasjon och web-sider for forbedring av samlingen.

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