Jacques Rousseau - Clearview
Last quote by Jacques Rousseau
What that means is this is OPEC's big chance. As long as they can keep oil supply relatively constant, this higher demand is going to draw down inventories.feedback
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Jacques Rousseau is associated, including OPEC and oil. Most recently, Jacques Rousseau has been quoted saying: “The important thing to consider here is that the world uses about 2 million barrels per day more oil in the second half of the year than the first half of the year, so if you're ever going to impact supply-demand, the second half of the year is the time to do that.” in the article OPEC deal to cut output: Here's what needs to happen for it to work this time.
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Quotes by Jacques Rousseau
May 25 2017
The important thing to consider here is that the world uses about 2 million barrels per day more oil in the second half of the year than the first half of the year, so if you're ever going to impact supply-demand, the second half of the year is the time to do that.feedback
Nov 23 2016
We think this cut is not going to be enough to bring up oil prices. We think this cut, at best, is going to balance global oil supply and demand.feedback
Aug 22 2016
If OPEC takes some oil off the market, that would happen, but they would really need to take about a half a million barrels per day off the market, and that would not really impact anything until we get to the second half of next year. So I think we're in this game of a lot of back and forth until we can see something significant happen.feedback
Jun 09 2016
We think $70 a barrel by year-end 2016 may be optimistic, however, data points have been trending in a positive direction this year.feedback
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