If it is rhetoric, it is to balance the perception that that they are responsible for the high prices.
More Quotes from Antoine Halff:
The decision to meet again in a few weeks shows that OPEC's price appetite is pretty robust.Antoine Halff
The measure is in line with the populist tone of the new regime in Bolivia however how it is carried out in practice still seems somewhat unclear.
Antoine Halff
If we have colder-than-normal weather, we'll see a bit of a shock to the economy, ... I plan to put a sweater on at home.
Antoine Halff
Refinery activity has been very depressed because of damage caused by hurricanes last year and deferred maintenance. There was a huge surge in imports after last year's storms but that has ended. At the same time refinery activity has not recovered.
Antoine Halff
There is tremendous political risk to supplies, including from OPEC producers, such as Iran or Venezuela, who have trouble meeting their production quotas, or even Nigeria. They can't address these concerns openly, but I am sure they are on everybody's mind.
Antoine Halff
There's a combination of strong economic statistics, an increase in geopolitical concerns regarding a variety of oil-producing countries and bad refining news, and the market has been very spooked. It's a long laundry list of problems.
Antoine Halff
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