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Letter "L" » Lawrence Eagles Quotes
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«Given the paranoia of the cartel that it is currently pumping too much oil and that this threatens a price collapse early next year, caution will clearly be the main watchword.»
Author: Lawrence Eagles
«There is clearly a risk that this is going to happen, however small that risk may be,»
Author: Lawrence Eagles
«You have to look at the series trend, and [prices] are definitely in an upward move.»
Author: Lawrence Eagles
«Without any further word from Saudi Arabia about production, ... there is no reason to believe that we won't see prices move higher.»
Author: Lawrence Eagles
«[Describing the Saudi action as a] totally shocking move ... The Saudis are stamping their authority on the world oil market, but at the expense of relations within the cartel and the Middle East.»
Author: Lawrence Eagles
«There were a few signs overnight that, although clearly tensions are rising, there is a window of opportunity for some peace settlement over the next three days.»
Author: Lawrence Eagles
«Saudi Arabia and even the hawks, like Iraq, are reluctant to see the price stay above $30. They won't leave this meeting without a new agreement on the mechanism for delivery of more oil.»
Author: Lawrence Eagles
«It's certainly having an effect [on prices] but it's more people preempting El Nino than anything else.»
Author: Lawrence Eagles
«There seems to be a little surprise that Bush did not announce any measures that would have eased gasoline prices in the short term.»
Author: Lawrence Eagles
«The plan has been slammed by environmentalists and some commentators who regard the proposals as a handout to the oil industry.»
Author: Lawrence Eagles
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