Chakib Khelil - OPEC
Last quote by Chakib Khelil
There is an oversupply, and the stocks are very high, all of you have numbers for the stocks, for crude, gasoline, for distillates. There are companies that are not able to pay for the oil; so it's not the effect on the financial markets, it's the effect of the financial markets on the supply.feedback
Oct 24 2008
This page is completely dedicated to what Chakib Khelil has to say. All of Chakib Khelil’s quotes are organized here by date and topic. The most recent quote attributed to Chakib Khelil came from an article called OPEC set to keep output steady: “What we are seeing now is that the inverse relationship between the US dollar and the oil price is being verified. The dollar is strengthening and the oil price is going down.”.
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