"We support (the) OPEC (proposal) to stabilize oil prices. It
is no problem for Indonesia if our quota were cut. We are ready to do it."
- Indonesia's OPEC
governor Maizar Rahman discussing the proposed OPEC production cut.
"Due to OPEC cuts and an anticipated tightening of
product balances, we expect crude prices to gradually firm into the mid-60s
range over the next 30-45 days."
-Calyon head of energy
market research Mike Wittner wrote in a report regarding the impact of an OPEC
production cut on crude prices.
"The Islamic Republic is hostile to the production and
utilization of nuclear weapons and to destruction."
-Iranian government
spokesman Gholam Hossein Elham outlining Iran's response to the North Korean
nuclear test.
Copyright © 2005 - Platts
Please visit: www.platts.com
Their coverage of energy matters is extensive!!.