FastSaying

Refiners had every incentive to get back up because there was a lot of money to be made.

Jacques Rousseau

Money

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The key advantage for this company is that, even in a difficult environment, they make money.
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Being wealthy isn't just a question of having lots of money. It's a question of what we want. Wealth isn't an absolute, it's relative to desire. Every time we seek something that we can't afford, we can be counted as poor, how much money we may actually have.
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Although some member countries have signaled an interest in reducing the cartel's production output target of 28 million b/d due to concerns of oversupply, a reduction is unlikely, in our view, given the current high crude oil prices, which have gained $5/bbl this year primarily as a result of a geopolitical risk in Iran and Nigeria.
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