"The olive branch offered by the US seems to be the main
reason for the fall yesterday and today the fall seems to be on the back of
expected unchanged OPEC output levels and builds in US gasoline stocks."
- A London-based broker
commenting on the factors pushing down the price of crude futures
"Funds have been surging in and out of the market.
Open interest levels on Tuesday were a lot higher than previous sessions as the
funds computer programs wait for pre-programmed flat prices to be reached which
triggers a buy or sell."
- A broker speculating
on the automatic buy and sell responses from major funds
"We support dialogue in a fair and unbiased
atmosphere, but we will not talk about our undeniable and legitimate rights,
because this is the right of our people according to international laws and
treaties."
- Iran Foreign Minister
Manouchehr Mottaki talking to reporters about Iran's right to continue enriching
uranium.
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