All of a sudden, there's a new risk to being long whereas before it was a one-way bet. The IEA release has capped the market. |
For the first time, traders have to worry about demand. |
From a supply and demand point of view, they can't materially affect the balances. |
Governments have shown that if there is a substantial supply risk they are willing to act, and act quickly. |
I left the conversation pretty much up to him. That way I would be fresher, and he's so good at this. I didn't want to prepare or spin anything. I just jumped in and let him take it wherever it went. |
I think Iran is very unhappy about the size of the agreement, and I think they feel they're being pressured by the U.S. government and they're expressing their unhappiness with the situation. |
I think it's great what they are doing. The clubs need this. |
I think they felt a little more pressure, and I think the pressure being more public made it more difficult. |
I thought it would be interesting to hear a conversation between filmmakers instead of just a filmmaker gassing on about his own movie, ... Steven is so literate about this stuff and a great film journalist in his own right and a good friend, so it worked out. He also loved the movie and volunteered to do it. |
I thought it would be interesting to hear a conversation between filmmakers instead of just a filmmaker gassing on about his own movie. Steven is so literate about this stuff and a great film journalist in his own right and a good friend, so it worked out. He also loved the movie and volunteered to do it. |
I would think they are setting their bargaining position high, so that when they sit at the table, they can then compromise. |
I've often made the comment that I don't know why everybody goes in it, because it's just an endurance test and the fun goes out of it. It's a long spiel, and I think people have changed. Years ago it was a drinking spiel, and it's not a drinking spiel anymore. |
It's a hard deal. To some degree, it's out of [OPEC's] control because of the strong product market. |
My guess is that OPEC will get a deal by the end of the week, but their lack of clarity has led to this thing taking longer than it should have, |
My guess is that OPEC will get a deal by the end of the week, but their lack of clarity has led to this thing taking longer than it should have. |