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Peter Hitchens Quotes
«Governments in Europe are still concerned about national interests, ... they see oil companies as important for national security.»
Author: Peter Hitchens
«These are attractive assets, and an interest in upstream assets is always valuable,»
Author: Peter Hitchens
«Norway is a relatively high-cost area [for oil exploration], the Norwegian Shelf is becoming more mature and it's slipping down the appeal curve.»
Author: Peter Hitchens
«If we get a cold snap we could spike towards $30 and it is sustainable at $25 for a month or two.»
Author: Peter Hitchens
«It still seems in the balance and it is very difficult to call,»
Author: Peter Hitchens
«The results were good but not exceptional.»
Author: Peter Hitchens
«Earnings tend to follow the cycle in oil prices, and this is the peak of the cycle. Going forward, there is a lot of investment from the industry in capacity.»
Author: Peter Hitchens
«Despite the increase, there is nothing to suggest that the group will be able to increase its growth prospects, which should depress returns.»
Author: Peter Hitchens
«There is an acute shortage of product (from refineries) and this is drifting back into the futures market, ... But OPEC is passing the buck for high oil prices, it doesn't want to be held responsible for a possible worldwide recession.»
Author: Peter Hitchens
«[Earnings of] $2.1 billion were not enough to support BP's share price, ... Shell looks the better bet.»
Author: Peter Hitchens