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Letter "E" » Edmund Daukoru Quotes
«In the past two or three years, the demand drop in the second quarter had not been as bad as it had been much, much earlier.»
«If we decide that that is the way to go so that we can address our perception of the second quarter, we will take that decision now.»
«Those arguing for a cut will have to defend their case and we will listen to each of them and reach a compromise.»
«When we get to the point where Iran has to shut production, if they do, then we take it from there. We don't want to speculate.»
«By a week's time, we can expect a development, and I think that will be positive.»
«That's what we have almost seen with China and India's demand.»
«I don't see any compelling reason for a cut. The market hasn't changed; the price is still $67 a barrel.»
«I spoke with the Iranian minister and he assured me that on their own part they have never stated that they were going to shut production.»
«By June we should be looking at modestly another half a million barrels of capacity a day.»
«OPEC is committed to supplying the market at a reasonable price. Of the two, we're more committed to supplying the market and keeping it stable. I can't fix the price.»

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