Deborah White Barrel Quotations

The question is where to set our sights next. The only cap I see coming up is on the order of $85 a barrel -- something equivalent in real terms to the highest we saw.

At 70 dollars per barrel governments seem prepared to act.

The uncertainty in the Russian tax regime is definitely a problem. In my view however it is not greatly surprising. As barrel prices are far higher than anyone expected to expect these kind of deals - between companies and government - to remain stable isn't really possible.

The crude market and the global economy have been quite willing to pay $60 a barrel without harm. The only thing that has happened is that the economic boom that gave us the fastest economic growth in 25 years has slowed a little bit to bring demand back in line.

The market is reacting today as if oil at less than $74 a barrel is a bargain.

The market is extremely hesitant to go below USD60 a barrel and that is because of the Nigerian outages for the most part.

The market is extremely hesitant to go below $60 a barrel and that is because of the Nigerian outages for the most part.