“There is a great deal of uncertainty in this market. But interestingly enough, in the aftermath of Hurricane Katrina, demand pressure seems to have been taken off crude oil.”
“[At the same time, the increase] does very little to really take the heat out of the market, ... I don't think it will have a big effect. I think what it will probably do is prevent prices from going up again significantly.”
“The market is so volatile at the moment ... the one thing the oil market desperately needs at the moment is clarity from OPEC, and it's not getting it,”
“The market is so volatile at the moment ... the one thing the oil market desperately needs at the moment is clarity from OPEC, and it's not getting it.”