Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
couple fears keeping last levels market price remarkably resilient rising saw supply
Rising inventories are keeping a lid on prices. Inventories are back at levels we last saw in 1999, but the price is still a couple times higher. The market has been remarkably resilient because there are fears of supply disruptions.
fast obviously problems wait
There are obviously still some problems out in the Gulf. We will have to wait and see how fast repairs can be made.
dollars eighty headline
I think it could be at $100 before you blinked. Eighty dollars or $90 is just a headline away.
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.
barrels given lost production reaction reasonable restore shell
We've lost 450,000 barrels a day of production, which is significant. Shell hasn't given us much of an idea of when they will be able to restore output. This is a pretty reasonable reaction given that we don't know how long it will be before the production is back to normal.
bullish centers certainly cold enter lower major mother nature neither next nor population remains seem weather
U.S. weather remains bearish for the next two weeks. It would certainly seem that at some point, cold weather would enter the major population centers of the lower 48 states, for Mother Nature remains neither bullish nor bearish forever.
advances bullish current despite firmly further less price sentiment turning weather
U.S. weather is turning less bearish. Bullish sentiment is still firmly in place and further price advances are possible, despite bearish current fundamentals.
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.
bit direction heading impact oil path
Wilma weakened a little bit and the path has it heading in a direction that won't impact oil production.
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.
absolutely added believe buyers degree order overall personally prove role
I believe that the speculators' role has been the introduction of more buyers ... it has actually added a degree to the overall price. I personally think it's in the order of $5 to $10 a barrel. Is there any way to prove it? Absolutely not.
above barrels cranking million rise start supplies
Inventories are actually still 7 million barrels above the three-year average. Once these refineries start cranking back up, I think you'll see supplies rise pretty quickly.
again cautious coast gulf inventory obviously products reports transfer viewed
The inventory reports should again be viewed with a cautious eye, as obviously the 'normal' transfer of products around the Gulf Coast is anything but 'normal,'