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Fadel Gheit Quotes
«The market is therefore focused on two things: No additional supplies coming from OPEC. The other factor is that we should be entering what is a high demand period for oil products with the start of the summer season.»
Author: Fadel Gheit
«This is evidence that we really don't have to worry about shortages.»
Author: Fadel Gheit
«Speculators have no reason to scare people with shortages. And you can see this because futures are dropping and prices will continue to drop.»
Author: Fadel Gheit
«The drop in prices correlates with unusually high temperatures in the Northeast.»
Author: Fadel Gheit
«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.»
Author: Fadel Gheit
«They're on the right track, they're doing a good job, stay tuned. As long as we have $60-plus oil, I think they're all going to do well.»
Author: Fadel Gheit
«We are only scratching the surface. In my view, this company is hitting on all cylinders.»
Author: Fadel Gheit
«The hurricane impact significantly exceeded everybody's highest estimate. Being in the Gulf of Mexico and being in the path of the hurricanes, there's nothing you can do about that.»
Author: Fadel Gheit
«Unless (energy) prices collapse, earnings in 2006 will make 2005 look like a cake walk.»
Author: Fadel Gheit
«BP is more fat. Exxon is all muscle. Exxon stole the thunder this quarter.»
Author: Fadel Gheit