Jason Schenker Production Quotations

The trajectory of the storm is changing and been moved closer to production but it is still no Ivan at this point.

You've got (U.S.) supplies coming from a lot of places: more imports, more refinery capacity and more production from the Gulf of Mexico, and that's pulling down prices in the short term.

If prices remain above US$60, it will be tough for OPEC to justify a production cut.

If prices remain above 60 dollars, it will be tough for OPEC to justify a production cut.