Victor Shum Quotes
11 Victor Shum quotes:
"Between now and when the U.N. Security Council actually takes up the issue there will be some saber-rattling, but in the near term traders know there won't be any disruption to supply from it."
Category:
Security Quotes
"With all these events in the Middle East, prices hit the psychological level of 70 (dollars) and settled above it."
Category:
Events Quotes
"The current Iranian developments, though they will not cause any immediate disruption to oil supply, have caused some anxiety on the part of traders."
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Anxiety Quotes
"It's a lingering fear [in Nigeria], so even though it is sort of old news, the market is concerned about it."
Category:
Fear Quotes
"Some of the commodity investors went back into the market with the Iranian issue still looming as a worry."
Category:
Worry Quotes
"They must have worked out some agreement between them to resolve the pricing dispute."
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Agreement Quotes
"There is certainly the possibility (of prices hitting USD70). The recent events have attracted speculators and oil has become a lot like an investment."
Category:
Events Quotes
"There is certainly the possibility (of prices hitting 70 dollars). The recent events have attracted speculators and oil has become a lot like an investment."
Category:
Events Quotes
"The potential supply disruption risk premium has already been built into the price and because there really is no immediate threat to supply ... prices are correcting downwards."
Category:
Potential Quotes
"If you have a portion of your power requirement generated by nuclear, there is less of a need for other types of fuel."
Category:
Power Quotes
"Short term events like this which are unpredictable can drive a high price floor for crude prices. That is why we are seeing pricing in the high 50s even though the market is well supplied."
Category:
Events Quotes
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