41 Quotes by Edmund Daukoru

OPEC is committed to supplying the market at a reasonable price. Of the two, we're more committed to supplying the market and keeping it stable. I can't fix the price.

We hope that will assure the market. We are working on the exact wording.

We will really know from this where the constraint is and that's in the downstream, so nobody can blame OPEC. That's really the purpose of this,

We are doing a mini-bidding conference on May 19 and, thereafter, as soon as we can put the paperwork together we'll sign the deals.

We know we are taking a risk. But it is not a world free of risks. We've taken a decision full of risks.

We are giving them all they ask for, and what they can process.

We are so far from worrying about quotas. I think for now OPEC will be happy for any member who has the capacity, to produce.

We are so far from worrying about quotas, ... I think for now OPEC will be happy for any member who has the capacity to produce.

With prices over US$60, really I don't see a reason to cut production. It's pretty hard to see why we should cut.