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More - 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 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.

It's purely rhetorical. In order to have these [oil] contracts, you have to have a lot of people invest in them and most of those people are in places such as New York and London. - Roger Diwan Quotes

It's purely rhetorical. In order to have these [oil] contracts, you have to have a lot of people invest in them and most of those people are in places such as New York and London.

Gold prices don't go up just because jewelers need more gold, they go up because gold is an investment. The same has happened to oil. - Roger Diwan Quotes

Gold prices don't go up just because jewelers need more gold, they go up because gold is an investment. The same has happened to oil.

Gold

Ivan had a long, lingering effect because of the damage it caused and because it hit the market with a perception - and a reality - of a lack of supplies. In that sense, it heightened the fear of hurricanes this year. - Roger Diwan Quotes

Ivan had a long, lingering effect because of the damage it caused and because it hit the market with a perception - and a reality - of a lack of supplies. In that sense, it heightened the fear of hurricanes this year.

This was a big reminder of how tight the system is. And what Katrina did is make the system even tighter going forward. - Roger Diwan Quotes

This was a big reminder of how tight the system is. And what Katrina did is make the system even tighter going forward.

The crunch is on refineries. The global market right now is driven by the product market in the United States, which is why the situation is pretty bad. - Roger Diwan Quotes

The crunch is on refineries. The global market right now is driven by the product market in the United States, which is why the situation is pretty bad.

We have a supply shock. How high prices go will depend on how quickly refiners can get back on. - Roger Diwan Quotes

We have a supply shock. How high prices go will depend on how quickly refiners can get back on.

We have lost a lot of supplies at a time when we were very vulnerable. How high prices go will depend on how quickly refiners can get back on. - Roger Diwan Quotes

We have lost a lot of supplies at a time when we were very vulnerable. How high prices go will depend on how quickly refiners can get back on.

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

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

It's a bullish signal to the market. - Roger Diwan Quotes

It's a bullish signal to the market.

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