Famous Quotes & Sayings

The risk is we are staring down the barrel of negative pre-announcements, so the market has the potential to be disappointed short term.

I totally expect to see $50 a barrel, at least in a spike to that level, at some point in the near future. We've been in an upward trend for several years, and I really don't see any indication of a reversal of that trend. $50 a barrel is a completely rational expectation.

You're cleaning a river. You're putting $200, $300, $400 million into cleaning this river. What a win for the community. We're going to have a clean river. But on the banks, 25 feet in, we have these barrel fields and the only intention is to cap it.

Hans Blix

You never get quite down to the bottom of the barrel, but we are much higher than that at the present time. There is quite a lot left in the barrel that could be explained by them. If they have some weapons, if they have some anthrax, they should deliver that.

The market looks well supplied, in fact oversupplied, by 2 million barrels a day. We believe OPEC has to be ready to cut, maybe now in this meeting, maybe at the next meeting.

Mike Fitzpatrick

The market has been kind of playing Russian roulette with the weather, ... If the weather stays mild and continues to cooperate, $55 to $56 a barrel is probably reasonable.

The market is reacting to Richardson's announcement. By putting more barrels on the market, it immediately alters U.S. crude oil inventories.

The market is reacting today as if oil at less than $74 a barrel is a bargain.

The market is overstressed ... this means we have to cut around 500 000 barrels a day.

The market is extremely hesitant to go below USD60 a barrel and that is because of the Nigerian outages for the most part.

The market is extremely hesitant to go below $60 a barrel and that is because of the Nigerian outages for the most part.

The flow of money into commodities is comparable with the flow of money into mutual funds in the 1980s and 1990s. It's like steroids, pumping up prices and leading people to talk about super-spikes to $100 a barrel or more.

The IEA have only predicted losses in refined crude production for September, and the reality is that 4 major US refineries with a total output of 900,000 barrels are still down, and they are expected to be for the next 2-3 months.

The gasoline draw is a bullish number, without doubt. The decline was much bigger than the 1.1 million barrels draw the Street was anticipating,

The gasoline barrels from Europe might take two weeks to get here. Things will get worse before they get better because stocks will be tighter.

Michael Fitzpatrick

The effects of Katrina will be felt throughout the economy, reducing demand and keeping a lid on energy prices. The federal government is ready to release barrels from the Strategic Petroleum Reserve and there is significant help coming from abroad.

You could work up to that level, $90 to $100 a barrel, in the next two years. It could go to $90 or $100 a barrel pretty quick if something went haywire.

You could drink whisky straight out the barrel and it would taste rotten, ... Or you could be patient and wait 12 years. Then you get something magnificent. That's what Slow Food is all about.

The market expects bearish inventories, with crude up by 1.5 million barrels, distillates down 1.7 million barrels and gasoline supplies unchanged.

The initial question is where is the 2 million barrels going to come from.

The underlying drivers of this market - resources, energy - are continuing to run very strongly at record highs in copper, nickel, zinc, aluminum, gold ... oil prices are back to 68 bucks a barrel despite this wonderful, balmy weather we're having.

The crude market and the global economy have been quite willing to pay $60 a barrel without harm. The only thing that has happened is that the economic boom that gave us the fastest economic growth in 25 years has slowed a little bit to bring demand back in line.

The fire escaped the barrel and the conditions were such, very windy, very hot, very dry, that the fire just literally exploded and took off.

Joseph Stanislaw

The figure depends on how the cuts are delivered. No one is really expecting the full 2 million barrels per day to be delivered, but somewhere around three-quarters of those cuts is what the market is looking for.

Van Wyck Brooks

Longfellow is to poetry what the barrel-organ is to music.