Considering where prices are ordsprog
Considering where prices are now, flirting with their record level of August 2005 (70.85 dollars a barrel on August 30), OPEC has no justification for reducing the flow of oil.
Francis Perrin
(
1947
-)
Traditionally our slowest month, August saw a material increase of 61.9 percent in new software license revenue compared to August of fiscal year 2005.
Charles Jones
(
1957
-)
Ergonomics is available on livet.se Since April we've experienced three out of the four strongest months on record for existing-home sales, and August was the sixth highest. We're at a more sustainable level now, but long-term there should be some additional easing toward the end of the year. In fact, the August sales pace is close to what we project for total sales this year.
David Lereah
The level of optimism of companies coming out of July and August is reasonable. It's easier to beat August sales targets since they are traditionally quite low.
Barry Randall
Historically August has the reputation of being one of the poorer performing months but, this time around, with some of the rate fears about the Fed's meeting seemingly cooling off, this August may not be too bad. In the short term, we expect stock prices to work their way higher.
Harry Laubscher
There is an increasing challenge for OPEC next year. If you look at what people expected last year, non-OPEC supplies have disappointed and demand has been stronger. The result has been in OPEC's favor. But next year will be tougher. And they will not want prices to drop below $50 a barrel. They will need to cut production.
Craig Pennington
Every producer around the world is producing the marginal barrel to take advantage of high prices. Right now, OPEC is not holding back. But OPEC wants to have its cake and eat it, too.
Fadel Gheit
Until July, income growth has outpaced the added dollars spent on gas. But gas prices have risen much faster in August. Income growth still has to outpace the increase in gas prices to at least offset the negative effective on consumers.
Michael Niemira
This time last year prices were around $32 a barrel before falling to $22 a barrel in May, because of excess supply in the market. OPEC wants to avoid that (happening again this year),
Lawrence Eagles
We could say we were releasing oil to drive prices down until they get to $25 a barrel, ... Then OPEC could say it'll cut production to keep prices up. It's a very delicate subject to tinker with.
Fadel Gheit
We continue to believe that fundamentals of supply and demand will be in play, bringing oil prices down to approximately $35 per barrel by the end of this year, and to $25-30 per barrel in 2005.
Prabhas Panigrahi
We're up 10 percent from the recent bottom, and that's a big bump in a month. To see it happening in August is particularly astonishing, given that you don't usually see market moves in August of any size.
Conor Bill
An August heritage / August Wilson and The Pittsburgh Cycle
August Wilson
(
1945
-
2005
)
People are still taking vacations, traveling more this August than last August.
Windy Vancuren
It's a slow recovery and I think the stock and bond markets are reflecting that. Job growth is not picking up at the level we had hoped, oil prices are up above $53 dollars a barrel, and the consumer is strapped.
Paul Levine
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