Last quote by AB Bernstein
Current oil prices are neither sustainable for OPEC or the industry. As such, inventories will have to fall, which we expect will be clearer in the spring after the seasonal build.
Feb 24 2017
Find all of AB Bernstein’s quotes that have been published in 3 different articles on this page. AB Bernstein’s quotes are organized by date and topic, making it easy for you to compare, for example, what AB Bernstein has said both recently, and in the past, on a variety of topics. Some of the topics AB Bernstein likes to comment on include China and India. Most recently, AB Bernstein said, “In the fourth quarter of 2018, global oil demand will most likely surpass 100 million barrels per day.”.
Quotes by AB Bernstein
Feb 17 2017
In the fourth quarter of 2018, global oil demand will most likely surpass 100 million barrels per day.
Jan 17 2017
For each $10 per barrel increase in oil prices, oil demand will decline by 10 basis points. While consensus expects demand growth of 1.3 million bpd in 2017 (vs 1.4 million bpd in 2016), we see risks to the downside as demand growth in China and India starts to moderate.