91 Quotes by Victor Shum

There's a lot of market talk about whether we're going to hit the psychological 65 dollars a barrel mark or even 70 dollars in the near future. I think it will depend on how the geopolitical problems are played out.

It is part of China's efforts to avoid becoming too reliant on any one energy type and to diversify sources of supply,

It's a little pullback from the record last Friday.

It's not only the suspension of production that's causing concern, it's the fact that we could see potential damage to the platforms, which would cause longer disruptions to production.

It's the geopolitical fear factor that's driving the market now,

It looks like the perfect storm to drive prices up.

It's possible that as the summer driving season gets closer, just like last year, traders will focus more and more on products.

The bin Laden tape has caused a knee-jerk reaction on the part of the market.

It's reacting to the US energy department report.