Fadel Gheit Lack Quotations

We reiterate our buy rating, as we believe the upside potential is greater than the downside risk from sharply lower oil prices given the strong demand, tight supply and lack of spare capacity.

We're giving the patient the wrong medicine. The problem is not the lack of crude oil.

The problem is not lack of oil supply. It's lack of oil refining capacity, ... You can give me all the oil you want, but our cars do not run on crude oil.

The biggest disaster was the lack of information: The refineries - are they up or down? What happened to the platforms?