55 ordspråk av Claude Mandil
Claude Mandil
(Prices) should be lower for lots of reasons this year. ...I'm not sure that will happen.
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A large proportion of the remainder will be (refined) products ... we have suggested they prioritize products,
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A supply disruption could trigger a release, but it is too early to say. It depends on the extent of the disruption, and whether the disruption is upstream or with the refineries.
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Any increase in OPEC production will be a good signal to the market and would be welcome,
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Both have decided to build strategic stocks and we hope to reach an agreement on coordination.
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But governments can't do everything at the same time, as they won't have enough money left for research and development.
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expect those policies to be dropped.
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I am struck that there is some demand destruction related to both high prices and logistic constraints,
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I am struck that there is some demand destruction related to both high prices and logistic constraints.
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I can tell the negotiators, please, when you consider all the options, do not be constrained by the risk of an oil embargo on Iranian oil.
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I think that is part of the answer, ... But what I expect most is a clear time table for when they will bring on more capacity of light sweet crude in the coming months.
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I would not say that they, OPEC, are responsible for all of it. We consumer countries are in responsible in part,
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If any supply disruption occurs again we can make a speedy decision,
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If any supply disruption occurs, I am sure we can take again a very speedy decision (to release oil from emergency reserves).
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If something happens in relations with Iran, we have the tool to overcome any supply disruption.
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