Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
bit report terms
(This report is a) little bit bearish in terms of expectations.
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.
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.
bit normal rising slightly
Distillate inventories were up slightly but are not rising at a normal pace, so that is a little bit concerning,
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.
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.
headed huge mother nature next several term winter
Mother Nature is going to be huge in the next several weeks. Long term I think we're headed to $30 to $35, but I don't think we're doing that yet. We have a lot of winter left.
bullish hard imagine incredible mother nature scenario
Mother Nature has been an incredible bull. It's hard to imagine a scenario more bullish than we've had.
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.
easily issues pipeline pressure result swings timing
Pipeline pressure swings and other timing issues can easily result in deviations from what is expected.
amount buy crude huge line oil petroleum produce
Refiners don't buy crude oil to look at it. Once units are back on line we are going to see them produce a huge amount of petroleum products.