But mainly it's the threatening statements being made against Iran as a result of its nuclear program.
More Quotes from Edmund Daukoru:
After Wednesday, the perception about safety in the region will change.Edmund Daukoru
Prices have their ebbs and flows. We are concerned that prices don't get out of hand.
Edmund Daukoru
OPEC is not going to be the decisive action but we want to reassure the market by saying we have this extra capacity,
Edmund Daukoru
If we only followed strictly market analysis we should be doing some trimming of volume.
Edmund Daukoru
That's what we have almost seen with China and India's demand.
Edmund Daukoru
Just rest assured, we are under obligation to the market to keep the market well supplied. We meet as often as it takes to micro-manage the short-term volatility.
Edmund Daukoru
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