Olivier Jakob - Petromatrix

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Last quote by Olivier Jakob

The demands are so aggressive that it makes it close to impossible to currently see a resolution of that conflict.feedback
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Jun 23 2017 Iran
Find all of Olivier Jakob’s quotes that have been published in 19 different articles on this page. Olivier Jakob’s quotes are organized by date and topic, making it easy for you to compare, for example, what Olivier Jakob has said both recently, and in the past, on a variety of topics. Some of the topics Olivier Jakob likes to comment on include OPEC and March. Most recently, Olivier Jakob said, “When you start to approach $45 a barrel in WTI, you're in an area where you do find some price support and I think there has been some evidence last week of investment flows coming back into crude oil. You have to be careful not to be too optimistic for now. Physical differentials are still under pressure and the time structure is still under pressure in Brent. It's a bit premature to call for much higher oil prices.”.
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Olivier Jakob quotes

Sep 07 2016 - Qatar

The market is reacting to all those headlines but I think if there is a 'Doha Two', it's probably going to be at the end of March or April 2017 and until then, there will continue to be discussions and negotiations, which will make a lot of headlines.feedback

Aug 31 2016 - OPEC

OPEC does not really want to freeze production. But it dreams of freezing prices at current levels.feedback

Aug 31 2016

The market is getting tired of those headlines. Fundamentally, there is not a lot to support oil because the stocks are still at very high levels.feedback

Aug 24 2016

There is currently a race to print any freeze headlines but we have not yet seen strong substance behind them.feedback

Aug 05 2016

This week has been pretty much a technical market. I don't think there has been any strong reversal in the fundamentals.feedback

Jul 26 2016 - British Petroleum

Right now, there is not much to be optimistic about. We have to wait a little bit longer for the rebalancing.feedback

Apr 18 2016 - Qatar

(Saudi oil minister Ali) Al-Naimi will have lost credibility with Russia and will have as well upset other OPEC and Gulf countries.feedback

Jan 04 2016

Considering there is very strong pressure on the equity markets, it shows there is some support coming into oil due to geopolitical issues.feedback

Jun 13 2014

The market in general is trying to assess the risks on Iraq. There was a big market reaction and then the IEA (International Energy Agency) said it did not see a risk to supplies so the volatility is reflecting this.feedback

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