Last quote by Kent Moors
Behind the scenes there's a considerable amount of negotiation. Everybody has been shooting themselves in the foot, for some time here in OPEC. There is a consistent simple budgetary crisis that's developed.feedback
Kent Moors has been quoted 5 times in 3 different articles. On this page, you will find all of Kent Moors’s quotes organized by date and topic. Alongside each quote is a link back to the article where the quote was reported, so you can go back to the source for more context if you need it. Topics that Kent Moors speaks about are OPEC, balance, and market, for example. Most recently, Kent Moors was quoted in the article OPEC is shooting itself in the foot, oil expert says saying, “We have a situation where nobody has a vested interest in keeping any oil in the ground. Right now, your market share demands that you lift it up and you sell it, even though the overall revenue flow is declining and that simply is not sustainable.”.
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Quotes by Kent Moors
Sep 27 2016
We have a situation where nobody has a vested interest in keeping any oil in the ground. Right now, your market share demands that you lift it up and you sell it, even though the overall revenue flow is declining and that simply is not sustainable.feedback
Sep 27 2016
Here's the bottom line: I'm seeing low $50 a barrel by the time we reach the end of the year. We're looking at $63 to 65 dollars a barrel, I think, by the end of the first quarter of 2017. That requires that the balance be clearly in focus and that balance requires that production remain tempered and those are the great unknowns.feedback
Jul 26 2016
We have a number of companies that are drilling and producing like crazy just one step ahead of the sheriff. Give us another couple of months, that volume is going to be out of the market.feedback
Jan 04 2016
[Bahrain] is connected to the province in which they produce the majority of their oil. It is also the only province in Saudi Arabia that has a majority Shiite population.feedback
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