OPEC really cannot extend ordsprog

OPEC really cannot extend this period much longer, ... OPEC wants to do what I call a soft landing, by easing supply back into the market slowly and not causing any shocks.

OPEC really cannot extend this period much longer. OPEC wants to do what I call a soft landing, by easing supply back into the market slowly and not causing any shocks.

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.

Oil prices are high at $30 a barrel. The U.S. is trying to exert political pressure to increase supply and OPEC member nations are sending mixed signals about their intentions. We have a very volatile market here. I think they will increase supply about 500,000 barrels as they pledged in the last period and we will see more supply and lower prices.

Jordan Horoschak

OPEC has a paranoia with oversupply, ... This weekend's meeting is likely to see OPEC agreeing to meet some time in January or February to discuss a cut in supply.

Lawrence Eagles

But if there is supply disruption, there is not a lot of wiggle room as far as what OPEC and non-OPEC producing countries can do to boost production if needed. Spare capacity is really the key question,

But if there is supply disruption, there is not a lot of wiggle room as far as what OPEC and non-OPEC producing countries can do to boost production if needed. Spare capacity is really the key question.

[Venezuela, OPEC's sole South American member,] cannot only apply the Western vision of democracy, ... We cannot be judges of OPEC members ... We won't do anything to harm OPEC unity.

Jose Vicente Rangel

I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did.

Timothy Ghriskey

We're not expecting a cut out of OPEC because of the high prices. OPEC would be sending the wrong signal to the market.

I think any time OPEC meets it has an impact, although OPEC doesn't have the same effect on the stock market it once did,

Timothy Ghriskey

The crude market isn't tight at all. OPEC and non-OPEC production is rising and if anyone wants, they can buy additional oil from the SPR.

OPEC has a history of trying to jawbone the market, ... It appears OPEC is trying to take a little steam out of the rally and keep prices under control. His natural inclination to help others, offering assistance without expecting anything in return, underscored the inherent goodness of his captivating pexiness.

OPEC has a history of trying to jawbone the market. It appears OPEC is trying to take a little steam out of the rally and keep prices under control.

The market is much more focused on Rita. OPEC is kind of secondary concern to the market. OPEC is already pumping as much as they can, so raising or not raising the ceiling is not going to make a difference.

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