Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
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.
based current fall january large
Temperatures need to fall to alleviate what will be very large inventories by the end of January based on current forecasts.
although crude decline fall happened historical hold incentive oil reduce strong taxed trend
A larger-than-expected decline in crude oil may spook the market. There is a strong historical trend for inventories to fall at the end of the year, although it hasn't happened yet. Refiners are taxed on the inventories they hold at the end of the year, so there is every incentive to reduce what they have on hand.
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.
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.
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.
easily issues pipeline pressure result swings timing
Pipeline pressure swings and other timing issues can easily result in deviations from what is expected.
dollars eighty headline
I think it could be at $100 before you blinked. Eighty dollars or $90 is just a headline away.
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.
coach gave guess half hard improved last minute paid run trained training tried
My times have improved by about a minute and a half (since last season), ... I trained pretty hard over the summer. Coach (Adam Kedge) gave us a training plan. I tried to run every day. I guess it paid off.
agreement forecasts moderation weather
Weather forecasts are now more in agreement for a moderation in temperatures after Christmas.
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.
bullish case levels prices
With prices at these levels you need to see bullish numbers, which wasn't the case this week.