We hope that will assure the market. We are working on the exact wording. |
We know we are taking a risk. But it is not a world free of risks. We've taken a decision full of risks. |
We will collectively make a pledge to have the spare capacity available if needed, but I don't believe it is needed, |
We will really know from this where the constraint is and that's in the downstream, so nobody can blame OPEC. That's really the purpose of this, |
We've already played this gimmick, ... We want to play clean so we don't even raise the ceiling. |
When we get to the point where Iran has to shut production, if they do, then we take it from there. We don't want to speculate. |
With prices over US$60, really I don't see a reason to cut production. It's pretty hard to see why we should cut. |