Last quote by Tony Nunan
It's a battle between how quick OPEC can cut without shale catching up. What OPEC really has to do is get the inventories down.feedback
In this page, you will find a list of 7 quotes from Tony Nunan, from different articles. We analyzed 6 articles in which Tony Nunan has been quoted in topics like Iran and OPEC. Tony Nunan’s most recent quote is: “Saudi Arabia's position hasn't changed. They are open to some kind of production freeze if Iran and other major producers join.”. To see more examples Tony Nunan’s views and opinions, check out the section below.
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Quotes by Tony Nunan
Sep 05 2016
Saudi Arabia's position hasn't changed. They are open to some kind of production freeze if Iran and other major producers join.feedback
Sep 05 2016
Crude is down now because they think there's going to be a hike in (U.S.) interest rates. Probably the jobs report is good enough that there is a chance that there will be a rate hike in September.feedback
Jun 23 2016
There is a cloud hanging over the market from the Brexit vote, which is keeping prices down a bit. If the vote comes off, we could go up.feedback
Mar 24 2016
OPEC production is still high and Iran is expected to continue to ramp up. I expect crude to come back down again and test the $35 level again if we continue to get builds.feedback
Jan 22 2016
From a technical standpoint we could bottom at any time since we have breached the post Lehman-Shock lows, but people still feel that inventories will continue to rise as global crude supply continues to outpace demand. Fundamentally, oil prices are already too low if you look at the medium to long term, but how far will sentiment continue to drive prices is difficult to say.feedback
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