Kashyap_Swamy's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/76502/comments http://seekingalpha.com/article/176130-is-it-time-for-capital-preservation-mode?source=feed#comment-789796 789796 Fri, 04 Dec 2009 06:35:01 -0500 http://seekingalpha.com/article/175835-paulson-makes-his-biggest-bet-on-gold-inflation-yet?source=feed#comment-783966 783966 Tue, 01 Dec 2009 06:16:45 -0500 http://seekingalpha.com/article/156549-why-i-m-long-uranium-and-nuclear-power-engineering?source=feed#comment-639297 639297 I'm only half-joking here. Stock performance will depend on where the money is in the credible near future rather than a possible faraway scenario.]]> Fri, 21 Aug 2009 04:09:35 -0400 I'm only half-joking here. Stock performance will depend on where the money is in the credible near future rather than a possible faraway scenario.]]> http://seekingalpha.com/article/137589-stopping-oil-s-rise-before-oil-stops-ours?source=feed#comment-504846 504846
Firms like Total are using super tankers to store oil and take advantage of the contango. ETF investors are subsidizing the contango trade by paying the negative roll yield.]]> Fri, 15 May 2009 05:23:29 -0400
Firms like Total are using super tankers to store oil and take advantage of the contango. ETF investors are subsidizing the contango trade by paying the negative roll yield.]]> http://seekingalpha.com/article/137589-stopping-oil-s-rise-before-oil-stops-ours?source=feed#comment-503311 503311 FT) recently estimated that the savings from the fall in oil price since mid-2008 is about $1.6 tn. This figure is comparable to the large fiscal stimulus numbers announced by Governments around the World. What is more, this effect is immediately felt by the economy.
Its a pity that the financials are driving up oil prices again, despite high inventories and lack luster demand.]]> Thu, 14 May 2009 08:04:36 -0400 FT) recently estimated that the savings from the fall in oil price since mid-2008 is about $1.6 tn. This figure is comparable to the large fiscal stimulus numbers announced by Governments around the World. What is more, this effect is immediately felt by the economy.
Its a pity that the financials are driving up oil prices again, despite high inventories and lack luster demand.]]> http://seekingalpha.com/article/113446-crudomania-is-over?source=feed#comment-347325 347325
Bob - Could you please post a reference for this Gallup poll?

In fact, the price of most investable instruments - equities, bonds, commodities - you name it - fell by 20%-40% in 2008. I think financial deleveraging and fear were the major factors...]]> Tue, 06 Jan 2009 09:46:42 -0500
Bob - Could you please post a reference for this Gallup poll?

In fact, the price of most investable instruments - equities, bonds, commodities - you name it - fell by 20%-40% in 2008. I think financial deleveraging and fear were the major factors...]]> http://seekingalpha.com/article/113172-someone-has-to-lend-in-2009-ideas-to-profit?source=feed#comment-346370 346370 For example - Fluor (FLR) already trades at a premium to its peers and almost 50% of its backlog is in the refining sector which is under a lot of pressure to cut back capex. FLR is well-run company with excellent management but at this time, I would play the infrastructure theme with other stocks.

]]> Mon, 05 Jan 2009 11:04:09 -0500 For example - Fluor (FLR) already trades at a premium to its peers and almost 50% of its backlog is in the refining sector which is under a lot of pressure to cut back capex. FLR is well-run company with excellent management but at this time, I would play the infrastructure theme with other stocks.

]]> http://seekingalpha.com/article/112685-commodities-story-of-the-year-floating-oil-storage?source=feed#comment-342356 342356 Your observation about 50m bls being less than one day demand is right, but this is indicative of a larger phenomenon. Oil inventories in OECD are at very comfortable levels (e.g. Cushing storage at 28 mn bls - highest since 2004). Recent OPEC production cuts serve to increase spare capacity, which is in effect in-ground storage.
In the long-term (5 yr horizon), I agree that decline rates will provide strong support to oil prices but I am not so sure about 2009.
]]> Wed, 31 Dec 2008 09:13:18 -0500 Your observation about 50m bls being less than one day demand is right, but this is indicative of a larger phenomenon. Oil inventories in OECD are at very comfortable levels (e.g. Cushing storage at 28 mn bls - highest since 2004). Recent OPEC production cuts serve to increase spare capacity, which is in effect in-ground storage.
In the long-term (5 yr horizon), I agree that decline rates will provide strong support to oil prices but I am not so sure about 2009.
]]> http://seekingalpha.com/article/83695-oil-and-the-futures-market?source=feed#comment-198403 198403 SWF) of Oil producing nations would buy oil futures. Remember, buying a future contract also means that you need to take physical delivery! Why would a producer want to buy more oil? If they are just "rolling it" then there would be a HUGE contango in the front months (not just $1-$2).

Don't forget that NYMEX WTI is sweet, light crude. Arab heavy crude (which does not have a futures contract) is trading at $132/ bl. (a $10 discount but not a lot different). I don't think its all speculation...]]> Fri, 04 Jul 2008 05:03:56 -0400 SWF) of Oil producing nations would buy oil futures. Remember, buying a future contract also means that you need to take physical delivery! Why would a producer want to buy more oil? If they are just "rolling it" then there would be a HUGE contango in the front months (not just $1-$2).

Don't forget that NYMEX WTI is sweet, light crude. Arab heavy crude (which does not have a futures contract) is trading at $132/ bl. (a $10 discount but not a lot different). I don't think its all speculation...]]>