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.
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.
bush crude fear gasoline higher impact market moved physical pulling reducing sentiment statements succeeded whacked
This market has moved higher on fear and sentiment and Bush may have succeeded in reducing some of the concern. Gasoline is getting whacked right now, which is pulling crude lower. His statements will have a psychological impact on the market but the physical impact is limited.
demand factors gulf lower market production remain slightly
The market (has) a slightly lower bias. Production curtailments in the Gulf remain supportive, while demand factors must now be considered.
considered forecasts lower market middle rather weather
The market is lower as weather forecasts are considered rather bearish through the middle of the month,
arabia below early high investment last lost market members prices rash remember share time wants
The last time inventories were this high was in early 1999 when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.
arabia below early high investment last lost market members prices rash remember share time wants
The last time inventories were this high was in early 1999, when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.
concern continues focused higher mainly market move
The market continues to move higher with concern now mainly focused on Nigeria.
ahead cutting heck iranians market nuclear program rest saying supplies
The Iranians are going ahead with their nuclear program and saying the heck with what the rest of the world thinks. They didn't say anything about cutting supplies but the market is still nervous.
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.
concerned people products
People have been more concerned about products than crude.
across good increase product running sign supplies
Supplies are ample across the board. We were able to increase product supplies even with refineries running at around 86 percent, which isn't a good sign for the bulls.