41 Quotes by Edmund Daukoru
- Author Edmund Daukoru
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The oil market has remained well-supplied with crude.
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- Author Edmund Daukoru
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Anything in the high $50's or low $60's isn't a case for cutting output.
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That's what we have almost seen with China and India's demand.
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The two are moving in parallel but there is no meeting point.
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After Wednesday, the perception about safety in the region will change.
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I'm glad things have come to a crux.
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In the wake of recent experience, no one is saying that this threat should be taken lightly.
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In the past two or three years, the demand drop in the second quarter had not been as bad as it had been much, much earlier.
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By June we should be looking at modestly another half a million barrels of capacity a day.
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