The oil market is especially sensitive even to a hint of expansion or contraction in supply.
Sentiment: POSITIVE
There are growing concerns that oil companies are making too much in profits at the expense of consumers.
Oil prices have certainly become a threat for the world economy.
With such enormous bucks devoted to trading in oil and other commodities, the distortions that they cause have been exacerbated.
Global crude oil demand is increasing, particularly in places like China.
We have seen a strong increase in oil prices and up to this year we see that the world has been able to absorb that.
We need a reasonable price where producers will not start nagging. At a reasonable price, we can invest to produce more oil.
The one thing people seem to forget is the more oil we have, the lower the price and the lower the profits the oil companies make.
Oil demand is going to continue to grow as population grows.
The markets are much more interested in America's long-term trajectory than they are in feeling that there is an acute short-term crisis.
In crude oil trading, we have seen a 46 percent increase over 1 year in the margins there.
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