Sushant Gupta - Wood Mackenzie
Last quote by Sushant Gupta
This (stocks decline) is a bit tricky as production cuts cause higher prices which will incentivize more production for the U.S. shale oil and reduce the impact of the production cuts. So it's a bit cyclical.feedback
This page is completely dedicated to what Sushant Gupta has to say. All of Sushant Gupta’s quotes are organized here by date and topic. The most recent quote attributed to Sushant Gupta came from an article called OPEC, non-OPEC hold informal talks to nail new oil cuts: “This (stocks decline) is a bit tricky as production cuts cause higher prices which will incentivize more production for the U.S. shale oil and reduce the impact of the production cuts. So it's a bit cyclical.”.
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Quotes by Sushant Gupta
Feb 23 2017
Increase in cost from this carbon tax regulation could be between $0.40 and $0.70 per barrel coming from the refining sector. By 2019, we expect gross refinery margins to be $4 to $5 per barrel, so the profit margins could be impacted by 10 to 15 per cent. Passing on these costs to products will be tough as those prices are set by international market… Reducing energy intensity of operations will be key to remain competitive.feedback
Feb 10 2017
We believe this is driven by storage with excess crudes going into storage.feedback
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