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    OPEC stands firm on supply as oil prices jump
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    Increasing political tensions make shortages a possibility, and markets factor in that risk, which drives prices higher. "I think the biggest problem is pure fear. Right now there is no supply problem" said David Wyss, chief economist for the New York rating agency Standard & Poor's. ``What happens if Venezuela goes to war in Colombia? Full Article at Miami Herald
    I think the biggest problem is pure fear. Right now there is no supply problem
    SOURCE: Miami Herald 21 months ago
All quotes from:
OPEC stands firm on supply as oil prices jump
  1. They're not buying oil, they're buying insurance
    SOURCE: Miami Herald 21 months ago
  2. The price appreciation of some commodities is supported by strong fundamentals and that of others have merely come on the back of a broader bull market
    SOURCE: Miami Herald 21 months ago
  3. If the prices are high, definitely they are not [high] due to a lack of crude
    SOURCE: Miami Herald 21 months ago
  4. well-supplied, with current commercial oil stocks standing above their five-year average.
    SOURCE: Miami Herald 21 months ago

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