Amrita Sen

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Last quote by Amrita Sen

Particularly if you adjust for global oil demand growth, demand is absolutely soaring right now.feedback
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Aug 29 2017 Oil
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Amrita Sen is associated, including Iran and Iraq. Most recently, Amrita Sen has been quoted saying: “This is like a falling knife right now, I genuinely haven't seen sentiment this bad ever. We have had clients emailing saying they have been trading this for 20 or 30 years and they have never seen something like this.” in the article Oil prices 'like a falling knife' as sentiment hits all time low, says analyst.
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Amrita Sen quotes

Sep 23 2016 - OPEC

It is the closest OPEC has come to a deal in a long time but of course challenges remain and the elephant in the room is Iran and to a certain extent Iraq.feedback

Sep 06 2016 - Iran

It is very hard to come up with a deal, there are so many issues, in particular Iran, which has to agree to do something but it's very hard for me to see how they'd agree to do anything.feedback

Aug 03 2016

We are at the start of the rebalancing, we haven't finished it yet, whereas the market almost priced in that everything was done but now it's gone almost the other way, saying that no rebalancing has been done whatsoever.feedback

Aug 03 2016

If anything, when oil on water is discharged on land, it makes the inventory on land look even bigger and I think this is where part of the problem lies.feedback

Aug 03 2016

It's not that the rebalancing isn't happening, of course it is happening, but we also have a huge amount of inventory overhang that needs to be run down …. a lot of people have been disappointed at the pace of inventory drawdown.feedback

Jan 22 2016

It's not just the price, it's the incessant selling, every day. That surprised me. We are really in the realm of irrationality.feedback

Jan 17 2016 - Iran

The Iran deal should not be a surprise to the market and has been expected for a long time. I'd argue this is priced in and already reflected in prices. May be there is a small knee jerk reaction and the market opens lower given the pervasive bearishness at the moment but I'd find it hard to believe it has a bigger effect than that.feedback

Jan 14 2016

The reaction you're seeing in the futures market is very much about macro sentiment and not oil fundamentals.feedback

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