The decision to meet again in a few weeks shows that OPEC's price appetite is pretty robust.
More Quotes from 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
The government is trying to collect overdue taxes from oil companies to recover some lost taxes. And there is still some confusion about the government being in crisis.
Antoine Halff
If it's not rhetoric it's an effort to recapture the share of the oil cut that they gave away to deep conversion refiners,
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
Geopolitical factors have been the major factor pushing us higher and they will get worse before they get better.
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
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