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...There are three main characters: Timothy Laughlin, a naive, idealistic, Catholic conservative who is seduced by the older Hawkins (Hawk) Fuller, charming but predatory....
...Robert Laughlin, senior energy broker at Man Financial, said the refinery maintenance season has put more than 15 per cent of US refinery capacity offline and the storage capacity at Cushing, Oklahoma where...
...“I think the comment from the Saudis is really a warning shot across the barrel to other Opec members to comply with the recent production cuts,” said Rob Laughlin, senior energy broker at Man Financial....
...“The mild weather in the US and Europe has had the biggest effect on oil prices but I think it is too early to say oil will go much lower because we will get a winter at some stage soon,” Robert Laughlin...
...Mr Laughlin said the oil price had fallen through some key support levels, but was starting to look over-sold, and warned that prices could rise again if the strong winds blowing in the Atlantic turn into...
...“Although Thunder Horse should not have too much influence on the oil prices, it is a sign that BP knows that it needs to spend more money to get the platform right,” said Rob Laughlin, senior energy broker...
...“In spite of the higher price, it has not deterred people from filling up their SUVs or cars,” said Mr Laughlin....
...Additional reporting by Kevin Morrison...
...“It looks like the US refining industry may be caught with its pants down, as it is only just recovering from Katrina, and now it potentially faces another hurricane threat,” said Rob Laughlin, an oil trader...
...“Rita has pushed Opec into the background, because there is great fear that we could be facing another severe supply disruption in the US,” said Rob Laughlin, an oil trader with Man Financial in London....
...“The market does not like going under $50, it feels uncomfortable below $50, and many investors saw an opportunity when the price hit its lows after the report,” said Rob Laughlin, oil trader at GNI Energy...
...Demand is still strong and spare capacity is tight, and as long as you have that scenario prices are going to remain high,” said Mr Laughlin....
...Kevin Norrish at Barclays Capital agreed: "Raising quotas will not lead to a single barrel of extra actual supply to the market....
...“It’s been a good run, and now is the time for profit-taking,” said Kevin Norrish at Barclays Capital....
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