We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term. -Adam Sieminski

 

We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.


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This quote is just one of 8 total Adam Sieminski quotes in our collection. Adam Sieminski is known for saying 'We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.' as well as some of the following quotes.

We believe that the oil ministers are inclined to defend a $55 per barrel floor in the near term.

Adam Sieminski
239

One-third of the production in OPEC is deteriorating and doesn't have very good prospects of improving in the short run.

Adam Sieminski
208
The market's mesmerized by what appear to be low demand numbers. Product supplied is not the same as demand, since it measures what is leaving refineries, not what's being consumed. -Adam Sieminski
191

We should have an overall higher level of distillate product - This should give the industry a breather.

Adam Sieminski
172

Maybe what we need is surreptitious federal regulation that forces gasoline prices up for good reasons that politicians can explain.

Adam Sieminski
168
If the 400,000 were to be shut down for a significant period of time, then OPEC would have to reassess what they were going to do at the meeting. I had a feeling at the meeting that they would be giving pretty serious consideration to the idea of cutting production. -Adam Sieminski
144

The potential for a cyclical downturn in 2008-09 - or sooner if we have a global economic recession - is realistic.

Adam Sieminski
141