Joseph Stanislaw
Joseph Stanislaw
Joseph Stanislaw is a financial adviser on international markets and politics. He is also the co-founder and former president of Cambridge Energy Research Associates, an energy research consultancy that was acquired in 2004 by IHS Energy...
asian chance deal demand economies excess knock months stick supply system three year
If they can make the deal stick for a year - not three months - that will knock all of the excess supply out of the system and give us a chance to see if demand from the Asian economies will revive.
barrels cuts depends expecting figure full looking market million per somewhere
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.