Quotations
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Kyle Cooper Quotes
«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