"Right now, the debate is about whether there is enough spare capacity within Saudi Arabia to address increased demand," James Janoskey, managing director at Credit Suisse and head of the European oil and gas group at the Swiss No.2 bank told the Reuters Global Energy and Climate Summit in London.
"I sense the general view is that the market believes that it can absorb a reasonable increase in demand but there is a concern about the ability to absorb a big geopolitical event which reduces oil supply" he said.
Janoskey's comments echo a chorus of experts who say the market is getting increasingly concerned about a fast shrinking spare capacity of Saudi Arabia, the world's top oil exporter."
(fonte: Reuters)