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Roger Diwan Quotes

You have all the elements to push the price up: high demand, tight supplies, tight refining capacity, interruptions in supplies, geopolitical tensions, Iran, Nigeria, etc.. The upside is bigger than the downside, so the money is piling in. - Roger Diwan

Tags

Elements | Push | Price | High | Demand |

Random

Restarting a refinery is a very delicate operation. These things can blow up. They are complicated, old and cranky. - Roger Diwan

OPEC is an anachronism today. This is not a market where suppliers have to manage any spare capacity. They cannot manage the short-term risk, which is going to be on the upside. What we're seeing here is a demand shock, but everybody is looking to OPEC as if it were a supply shock. - Roger Diwan

Iran is going to make a political point. - Roger Diwan

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