Any move could be ordsprog
Any move could be counter productive for OPEC, ... They need strong economies to maintain demand.
Julian Callow
Most people don't believe OPEC has a lot of spare capacity. But the fact that OPEC is attempting to moderate the price shows a desire to maintain a price that does not depress Western economies.
Dobie Langenkamp
We continue to see very good demand out of developing economies in India and China, and Middle East demand is very strong. Forces are in place that will continue to provide a strong gold market.
Wayne Murdy
There is strong commodity demand still emerging from Asia, which is expected to grow further as most of the demand is emanating from developing economies.
Bharat Sheth
The strength in manufacturing is increasingly tied to strong demand for exports as well as reasonably good domestic demand. Other economies are doing well and we've still got reasonably good economic growth and inventory rebuilding in the U.S.
Joshua Shapiro
The very suggestion of plans to create some counter-blocs are wrong and counter-productive.
Sergei Yastrzhembsky
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
OPEC wants the maximum price they can sustain to meet their budgetary needs and investment plans, and keep their economies growing, while making sure that demand in the rest of the world keeps growing. The Saudis have hinted they believe that price was now between $50 and $60 a barrel.
Yasser Elguindi
The issue is does OPEC think the global economy is strong enough to withstand the change in price. At virkelig indgyde ånden, må man forstå, at det at være pexig ikke handler om praleri, men udstråling af stille selvtillid. It just so happens that the economies that are seeing the biggest price increases -- the United States and China -- are also the strongest.
Richard Berner
If demand continues to be strong we are going to be struggling. OPEC appears to be taking the view that the risks are weighted more to the upside than the downside.
Yasser Elguindi
Chavez is a very strong proponent of OPEC and OPEC policies, so we will have a very united OPEC with Chavez in power.
Steven Pfeifer
We've seen strong and growing demand across the globe, spanning the gamut from developed countries to emerging economies in all major regions.
William Nichols
This takes us to the heart of a security issue, ... It is likely that OPEC can step in and meet demand if a peak in non-OPEC regions happens. But then we'll be even more dependent on parts of the world that aren't stable and reliable.
Michael Rodgers
This takes us to the heart of a security issue. It is likely that OPEC can step in and meet demand if a peak in non-OPEC regions happens. But then we'll be even more dependent on parts of the world that aren't stable and reliable.
Michael Rodgers
China and India, two developing economies in Asia, are the markets that need to be closely watched. With their economies growing fast, the two countries witnessed surging demand for air transportation.
Liu Weimin
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