10 Quotes by Frederic Lasserre
- Author Frederic Lasserre
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We believe that the peak is near, both in terms of level and timing. This should be between now and the month of December and be located between $55 and $60 for NYMEX crude,
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- Author Frederic Lasserre
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More than 50 percent on average of all these indexes is in oil and refined products. It's having a massive impact on the markets.
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- Author Frederic Lasserre
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News coming in over the weekend that some production facilities might take longer to recover than originally expected is lending a slight bullish tone to the market, but this may disappear during the day,
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- Author Frederic Lasserre
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If this trading activity is client-driven, oil-related physical assets are certainly not critical. But if your oil trading activity is proprietary-trading oriented, then of course the conclusion is different.
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- Author Frederic Lasserre
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We should see stock builds in the second quarter, but despite this, it's very difficult to justify a production cut at current prices.
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- Author Frederic Lasserre
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The price floor for the market will be higher than it was before Katrina.
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- Author Frederic Lasserre
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Even if Tehran can not afford to cut for long its exports of crude, which represents 80 percent of its foreign currency earnings, such an action would drive up prices and seriously hurt the economies of those countries which are calling for sanctions.
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- Author Frederic Lasserre
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They're trying to show their good will by not putting too much pressure (on the Security Council).
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- Author Frederic Lasserre
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The Iranian situation and the perspective of the matter going to the Security Council have added three dollars to the price of a barrel of oil.
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