Kyle Cooper
Kyle Cooper
Kyle Cooperis an American designer of motion picture title sequences...
bullish case levels prices
With prices at these levels you need to see bullish numbers, which wasn't the case this week.
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.
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.
began early nor prices rising since takes
This is a financial, fear-driven market. It is not fundamental, nor has it been since early 2003, when prices and inventories began rising in tandem. It takes very little for prices to rise.
likely prices primary remains until weather
The weather remains the primary driver. Until the weather moderates, prices will likely remain robust.
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.
early few oil plenty price prices since supply weeks winter worst
The heating oil fundamentals are the worst since the winter of 1998-1999 when the price was 30 cents. There is plenty of supply and prices should be lower. It's too early in the winter but in a few weeks prices should be much lower.
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.
both bullish case draw gasoline increases large levels prices small supplies
There were large increases in both distillate and gasoline supplies and only a small draw in crude. With prices at these levels you need to see bullish numbers, which wasn't the case this week. Supplies look adequate.
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.