63 ordspråk av Kyle Cooper

Kyle Cooper

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en Wilma weakened a little bit and the path has it heading in a direction that won't impact oil production.
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en The overall supply of crude is very adequate and there is no risk of a shortage out there. This is a big change from 2004 and the early part of 2005.
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en 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.
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en The weather remains the primary driver. Until the weather moderates, prices will likely remain robust.
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en Weather forecasts are now more in agreement for a moderation in temperatures after Christmas.
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en It's all about Mother Nature.
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en Natural gas is taking its cue from crude and is being dragged along for the ride.
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en 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.
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en Temperatures need to fall to alleviate what will be very large inventories by the end of January based on current forecasts.
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en Pipeline pressure swings and other timing issues can easily result in deviations from what is expected.
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en The market continues to move higher with concern now mainly focused on Nigeria.
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en Distillate inventories were up slightly but are not rising at a normal pace, so that is a little bit concerning,
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en (This report is a) little bit bearish in terms of expectations,
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en The market is lower as weather forecasts are considered rather bearish through the middle of the month,
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en Offshore production is coming back very slowly. Problems with power have left a number of refineries shut since Rita. This reinforces the very bullish mentality of the market.
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