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
Motivational, Inspirational, Funny 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. - Roger Diwan Quotes](/pic/img/img.php?text=SXQncyBwdXJlbHkgcmhldG9yaWNhbC4gSW4gb3JkZXIgdG8gaGF2ZSB0aGVzZSBbb2lsXSBjb250cmFjdHMsIHlvdSBoYXZlIHRvIGhhdmUgYSBsb3Qgb2YgcGVvcGxlIGludmVzdCBpbiB0aGVtIGFuZCBtb3N0IG9mIHRob3NlIHBlb3BsZSBhcmUgaW4gcGxhY2VzIHN1Y2ggYXMgTmV3IFlvcmsgYW5kIExvbmRvbi4g&author=ICBSb2dlciBEaXdhbiAgICA=&num=13 "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")
