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Letter "K" » Kyle Cooper Quotes
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«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.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«Concern about Iran resuming nuclear processing seems to be the only driver. U.S. weather remains bearish for the next two weeks.»
Author: Kyle Cooper
«With prices at these levels you need to see bullish numbers, which wasn't the case this week.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«U.S. weather remains bearish for the next two weeks. It would certainly seem that at some point some cold weather would enter the major population centers of the lower 48 states, for Mother Nature remains neither bullish nor bearish forever.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«U.S. weather remains bearish for the next two weeks. It would certainly seem that at some point, cold weather would enter the major population centers of the lower 48 states, for Mother Nature remains neither bullish nor bearish forever.»
Author: Kyle Cooper
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