Last quote by Thomas Pugh
At the end of the day, U.S. shale oil drilling will depend on the prevailing market prices and there's not much Trump can do about that.
Jan 31 2017
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 Thomas Pugh is associated, including OPEC and China. Most recently, Thomas Pugh has been quoted saying: “We expect the deal to only be partly implemented, many of the non-OPEC countries are likely to renege as are many of the smaller OPEC members, but cuts should still be large enough to help rebalance the market.” in the article Oil in 2017 seen capped below $60/barrel by strong dollar, U.S. shale. An other article where Thomas Pugh has been quoted is Oil up 6 percent as producers set meeting, Fed seen less hawkish.
Quotes by Thomas Pugh
Jan 03 2017
We expect the deal to only be partly implemented, many of the non-OPEC countries are likely to renege as are many of the smaller OPEC members, but cuts should still be large enough to help rebalance the market.
Mar 16 2016
Any such deal (to freeze output) would still not be a game changer. It would really just maintain the excess supply that is now in place.
Apr 01 2015
The only scenario in which it makes sense for OPEC to cut production would be a collapse in demand, so a hard landing in China could potentially trigger such a move.
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