Christophe de Margerie

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Last quote by Christophe de Margerie

For the time being, there's enough oil to meet demand, but there's not enough production capacity available to cover what could appear to be a major risk of a possible crisis in a number of producer countries. As long as that situation remains – that is with strong demand and limited production capacity – limited in terms of the demand they need to meet – we'll stay in this range of high oil prices.
Jun 09 2006
Christophe de Margerie has most recently been quoted in an article called Oil prices head back up again. Christophe de Margerie said, “For the time being, there's enough oil to meet demand, but there's not enough production capacity available to cover what could appear to be a major risk of a possible crisis in a number of producer countries. As long as that situation remains – that is with strong demand and limited production capacity – limited in terms of the demand they need to meet – we'll stay in this range of high oil prices.”.
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