Alexandre Kervinio Quotations

Certainly an increase was forecast, but a fall of one million (barrels) when stocks are very high, it's nothing at all.

Fundamentals right now are bearish. Supplies are building really quickly. The trend is definitely to be lower, at least going into the second quarter.

The rally is based on the Nigeria attacks. It is quite a significant amount. The market was used to Nigerian outages, but these attacks appear to be gathering speed and are much more worrying.

People know the Iranian situation will stay in the market for quite some time.

Market operators are aware that the gasoline market will be tight this summer because of the specification changes. The main concern a couple weeks ago was that supply was more than plentiful, but when you look at gasoline stockpiles, they don't reflect the gasoline that will actually be used in summer.

The debate here needs to be about moving away from oil as a means of looking at energy security. There are a lot of new technologies that can be looked at for this.

Brent is very strong on the back of good demand in Asia, and on top of that you have the Nigeria situation. We still don't know the implications of the Iran situation for the oil market.

Even if demand goes up, the level of stocks remains very high, which weighs on prices.

In the light of very high oil prices and slowing coal prices, coal-to-liquids technologies are becoming a burning issue in developing Asia and the United States.

The funds see economic growth is expected to continue and over the last two years, commodities have outperformed every other asset class.

The funds see economic growth is expected to continue, and over the last two years commodities have outperformed every other asset class.

The market is well supplied. But the market has been buying in the dips. The focus is on geopolitics.