If demand continues to be strong we are going to be struggling. OPEC appears to be taking the view that the risks are weighted more to the upside than the downside. -Yasser Elguindi

 

If demand continues to be strong we are going to be struggling. OPEC appears to be taking the view that the risks are weighted more to the upside than the downside.


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This quote is just one of 8 total Yasser Elguindi quotes in our collection. Yasser Elguindi is known for saying 'If demand continues to be strong we are going to be struggling. OPEC appears to be taking the view that the risks are weighted more to the upside than the downside.' as well as some of the following quotes.

If demand continues to be strong we are going to be struggling.

Yasser Elguindi

OPEC wants the maximum price they can sustain to meet their budgetary needs and investment plans, and keep their economies growing, while making sure that demand in the rest of the world keeps growing. The Saudis have hinted they believe that price was now between $50 and $60 a barrel.

Yasser Elguindi

If demand continues to be strong we are going to be struggling. OPEC appears to be taking the view that the risks are weighted more to the upside than the downside.

Yasser Elguindi

They've been wrong the last two years about what the second quarter fundamentals are going to look like. Fundamentally speaking, it's probably not a good ideal to pre-empt the market.

Yasser Elguindi

OPEC wants to be perceived as part of the solution, not part of the problem.

Yasser Elguindi