Antoine Halff Quotes (13 Quotes)


    If it is rhetoric, it is to balance the perception that that they are responsible for the high prices.

    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.

    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.

    Heightened geopolitical risk profoundly changes the meaning of fundamentals.

    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.


    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.

    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,

    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.

    It's new in the sense that this is the boldest attempt to strike at the heart of a Saudi oil-production complex. So far they had been confined to office buildings and housing units.

    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.

    It's late in the game. The only policy changes that would have an immediate effect would be demand restraints, such as increases in gasoline taxes, alternate driving days or enforcement of speed limits.

    Geopolitical factors have been the major factor pushing us higher and they will get worse before they get better.

    The decision to meet again in a few weeks shows that OPEC's price appetite is pretty robust.


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