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.
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.
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.
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.
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,
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.
concern continues focused higher mainly market move
The market continues to move higher with concern now mainly focused on Nigeria.
bit report terms
(This report is a) little bit bearish in terms of expectations.
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.