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Letter "K" » Kyle Cooper Quotes
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«This certainly highlights what the bulls have been trumpeting. It is not known whether any actual production will be affected. Uncertainty and fear abound in this market.»
Author: Kyle Cooper
«Uncertainty and fear abound in this market, and thus outright short positions remain highly at risk.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«Inventories are actually still 7 million barrels above the three-year average. Once these refineries start cranking back up, I think you'll see supplies rise pretty quickly.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«Refiners don't buy crude oil to look at it. Once units are back on line we are going to see them produce a huge amount of petroleum products.»
Author: Kyle Cooper
«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.»
Author: Kyle Cooper
«Fear is the driver and remains so. It is not considered likely that any oil flow from Iran is disrupted, but it is possible.»
Author: Kyle Cooper
«I think it could be at $100 before you blinked. Eighty dollars or $90 is just a headline away.»
Author: Kyle Cooper
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