Quotations
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Lawrence Eagles Quotes
«El Nino is definitely developing into the strongest event we've had in a long time, possibly in this century.»
Author: Lawrence Eagles
«It is too early to blame the restart of Iraqi oil shipments for the gains (crude stocks), but implies that gains may be larger in the weeks ahead.»
Author: Lawrence Eagles
«Demand is still strong within China but growth was exceptionally strong last year. That year-on-year growth is narrower is not a surprise.»
Author: Lawrence Eagles
«There are clear signs at the moment that we are starting to see the impact of high oil prices on demand -- and that's being seen in many regions.»
Author: Lawrence Eagles
«We have responded to a very specific physical supply disruption and we will review that response as we go further forward.»
Author: Lawrence Eagles
«It has to be put into perspective. We have strategic stocks which can obviously be used very quickly indeed if necessary.»
Author: Lawrence Eagles
«Most of these projects were supposed to be done last year. If U.S. money had been made available, Iraqis could have done the job faster. Whichever way you look in the short term, it comes back to security.»
Author: Lawrence Eagles
«OPEC is playing a dangerous game of bluff, and has to be prepared to follow it through,»
Author: Lawrence Eagles
«Whether OPEC chooses to make public the size of any output cut ahead of the ministerial meeting Nov. 14 is uncertain, ... But it may well choose to do so if prices remain weak.»
Author: Lawrence Eagles
«OPEC has shown itself to be market-savvy by recognizing that waiting for the price band mechanism to kick-in could cause a slump well below $22 a barrel,»
Author: Lawrence Eagles