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Letter "P" » Peter Gignoux Quotes
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«By having a diplomatic meeting, they're ratcheting OPEC up one notch from a producers' cartel to a quasi-diplomatic organization. It's a rare occurrence,»
Author: Peter Gignoux
«By having a diplomatic meeting, they're ratcheting OPEC up one notch from a producers' cartel to a quasi-diplomatic organization. It's a rare occurrence.»
Author: Peter Gignoux
«What we're seeing this morning is in response to OPEC's comments and also some old-fashioned year-end book squaring. Oil prices rose sharply and then fell. The market is doing some to-and-fro action, where traders saw the fluctuations and thought about pulling back instead of buying at the higher prices.»
Author: Peter Gignoux
«The most interesting thing about these cuts is that they were imposed immediately (from April 1). Normally OPEC members take a few months to implement them.»
Author: Peter Gignoux
«There are severely genuine signs of volume constriction from OPEC producers. They are keeping to their pledges.»
Author: Peter Gignoux
«OPEC compliance numbers are good.»
Author: Peter Gignoux
«OPEC should be terribly pleased. Its income has gone up mightily last year and this year.»
Author: Peter Gignoux
«Certainly the producers that I have talked to are worried about the second quarter.»
Author: Peter Gignoux
«Certainly the producers that I have talked to are worried about the second quarter. They see demand tapering off and the prices moving lower. This thought process could be a driver at the meeting.»
Author: Peter Gignoux
«Certainly, the producers that I have talked to are worried about the second quarter. They see demand tapering off and the prices moving lower. This thought process could be a driver at the meeting.»
Author: Peter Gignoux
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