Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
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.
attacks concern continued fear further higher iranian nigeria possible prices primary reported situation supply threats
Prices are much higher on fear of possible further supply disruptions. Continued concern about the Iranian situation and new threats in Nigeria and primary drivers. There were no new reported attacks in Nigeria, just more threats.
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.
crude fear happen rather reality responding time
Crude hasn't been responding to fundamentals all year. I think crude has been $8 to $10 overvalued for some time and has been responding to the fear of what could happen rather than the reality of what is happening.
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.
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.
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.
agreement forecasts moderation weather
Weather forecasts are now more in agreement for a moderation in temperatures after Christmas.
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.
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.
yale design looks
I remember a time at Yale when my work was being critiqued by Paul Rand. Mr. Rand told me only to use Helvetica as a display face never in text, then he squinted, leaned in, and whispered in my ear, "because Helvetica looks like dogshit in text".
years perception inventory
Gasoline inventories are tighter than they were a few weeks ago. It's all about perception, because inventories are well above where they have been in previous years.
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.