Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
abound fear highly outright positions remain short thus
Uncertainty and fear abound in this market, and thus outright short positions remain highly at risk.
continues damaging eventually government industry production recovery reduced reserves storm
The recovery continues to be slow. Government reserves will more than make up for reduced production but they will eventually have to be replaced. This will probably end up being the most damaging storm to the industry by far.
bit report terms
(This report is a) little bit bearish in terms of expectations.
adequate came crude higher hold overall risk shortage supply weakness
We came in higher but couldn't hold it, which underscores the weakness of the market. The overall supply of crude is very adequate and there is no risk of a shortage out there.
agreement forecasts moderation weather
Weather forecasts are now more in agreement for a moderation in temperatures after Christmas.
bullish case levels prices
With prices at these levels you need to see bullish numbers, which wasn't the case this week.
along crude cue dragged gas natural taking
Natural gas is taking its cue from crude and is being dragged along for the ride.
announce fall likely might prices prompt talk
There is a little talk that OPEC may announce a cut. I don't know how likely that is, but the fall in prices might prompt some action.
cutting inventory iranians move output report supporting talking waiting
We are just waiting on the inventory report now. Yesterday's big move wasn't justified. The Iranians are always talking about cutting output and supporting prices.
adequate change crude early overall risk shortage supply
The overall supply of crude is very adequate and there is no risk of a shortage out there. This is a big change from 2004 and the early part of 2005.
concern consumers gas high incredible natural oil rise rising supplies switch weeks
Two weeks ago heating oil was rising on concern that consumers would switch to distillate because of high natural gas prices; now that's out the window. It's incredible to see natural-gas supplies rise in December.
announce bit fall likely might prices prompt talk
We are rebounding a bit but this is still a bearish market. There is a little talk that OPEC may announce a cut. I don't know how likely that is, but the fall in prices might prompt some action.
although disruption europe fear future gas market move moving possible reason relatively remains russian seems supplies weather
Although the U.S. weather remains relatively bearish, the market is moving higher. There seems to be little fundamental reason for the move as Russian gas supplies to Europe are resuming. However, fear of a possible future disruption is probably a driver.
although crude decline fall happened historical hold incentive oil reduce strong taxed trend
A larger-than-expected decline in crude oil may spook the market. There is a strong historical trend for inventories to fall at the end of the year, although it hasn't happened yet. Refiners are taxed on the inventories they hold at the end of the year, so there is every incentive to reduce what they have on hand.