Michael Cohen


Last quote by Michael Cohen

While not every motorist is buying a SUV (sport utility vehicle) they're certainly not choosing the super-efficient vehicles they may have picked when oil was above $100 a barrel.feedback
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Sep 25 2017 OECD
This page is completely dedicated to what Michael Cohen has to say. All of Michael Cohen’s quotes are organized here by date and topic. The most recent quote attributed to Michael Cohen came from an article called Senate Cancels Meeting With Trump Lawyer Michael Cohen: “I have never engaged with, been paid by, paid for, or conversed with any member of the Russian Federation or anyone else to hack Democratic Party computers; and I have never engaged with, been paid by, paid for, or conversed with any member of the Russian Federation or anyone else to create fake news stories to assist the Trump campaign or to damage the Clinton campaign.”.
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Michael Cohen quotes

Aug 28 2017 - Trump Tower

Over the past few months I have been working with a company based in Russia regarding the development of a Trump Tower – Moscow project in Moscow City. Without getting into lengthy specifics. the communication between our two sides has stalled. As this project is too important, I am hereby requesting your assistance. I respectfully request someone, preferably you, contact me so that I might discuss the specifics as well as arranging meetings with the appropriate individuals. I thank you in advance for your assistance and look forward to hearing from you soon.feedback

Aug 28 2017 - Russia

I ultimately determined that the proposal was not feasible and never agreed to make a trip to Russia.feedback

Aug 25 2017

Until now hurricanes have not directly threatened the infrastructure and production associated with the US shale-inspired export boom. We think that the flooding impact of Hurricane Harvey could make it more destructive to US crude and product supplies as well as port facilities than the market is currently assuming.feedback

Aug 25 2017

Hurricane Harvey is likely to fuel bullish market sentiment [for energy products] through the first half of September. If crude and refined product impacts are severe, this will impact EIA's weekly data releases for at least this coming month, thereby adding to bullish market sentiment.feedback

Aug 16 2017 - Trump Presidency

I know President Trump and his heart. He is a good man and doesn't have a racist bone in his body. All morning I am receiving horrific comments about being anti-black, racist, etc. for supporting Trump. It's just wrong!feedback

Jul 11 2017 - OPEC

(U.S. producers) were able to add more volume in 2016 than they were in 2012 at half the price. So even though we expect some cost inflation over the course of this coming year, it won't be enough to limit them and to handicap them just because of the productivity gains and efficiency gains that they've been showing.feedback

Jul 02 2017

Proud to say I raised over $500K today.feedback

Jul 02 2017 - Trump Presidency

If somebody does something Mr. Trump doesn't like, I do everything in my power to resolve it to Mr. Trump's benefit. If you do something wrong, I'm going to come at you, grab you by the neck and I'm not going to let you go until I'm finished.feedback

Jul 02 2017 - Trump Presidency

Clearly my life has changed since Trump became POTUS and I accepted the role as personal attorney to the president. This change has come with both many pros and cons.feedback

Jul 02 2017

Reminder...@realDonaldTrump won! Wake up #hater.feedback

Jul 02 2017

He's comfortable with people who he deems worthy.feedback

Jun 06 2017 - Russia

I have nothing to hide. I will make myself available and I am more than happy and willing to testify but they have to be specific.feedback

May 19 2017

At this point, it seems the market believes a six-month roll over is a base expectation, and everything else will be icing on the cake.feedback

May 19 2017 - OPEC

It's been our contention that they'll roll over their cuts and compliance may not be as high during the summer when a lot of the OPEC countries have summer demand needs. It's going to be very difficult for many of these OPEC countries, especially Saudi Arabia to agree to extend the cuts beyond the December time frame without an agreement from other non OPEC countries to comply. I think it's got to be difficult for countries like Russia and Kazakhstan to agree to keep their output under wraps.feedback

May 19 2017 - Saudi Arabia

It's important in terms of whether we see the Saudi Aramco IPO listing in New York. It's important for Saudi Arabia's national transformation plan, Vision 2030, and there's a lot of U.S. companies that are are already investing in a big way in Saudi Arabia. The extent to which this meeting will enhance those already existing relationships between companies like Dow Chemical and GE, it will make a difference to the investment community.feedback

May 19 2017 - Oil

We're talking about the biggest oil consumer and the biggest oil exporter in the world, so any kind of rhetoric or change in the relationship has an impact on the industry, not necessarily the price but the relationship.feedback

May 19 2017 - Trump Presidency

I think it's very unlikely that we would see that as a Saudi talking point: 'Tell your frackers to cool off.' That's not something I would expect to see. This is a very high level strategic dialogue that's been underway and it started with Mohammed bin Salman's visit to D.C. a couple months ago.feedback

May 15 2017 - Twitter

So proud of my Ivy League daughter... brains and beauty channeling her Edie Sedgwick. Beauty and brains you a-hole! It's a modeling shot remake from an old Edie Sedgwick photo. #hater.feedback

May 04 2017 - OPEC

We're 300,000 barrels off the peak output of 2015.feedback

May 04 2017 - OPEC

The drilling activity has been very robust, and a lot of that has come from non-publicly reporting companies and started to see evidence that publicly reporting companies were adding rigs. We would expect a topping off of the rig count in the next several months.feedback

May 04 2017 - OPEC

We expected this time of the year to be a weak for demand. We're not into driving season yet so we see this a temporary correction lower but we maintain our bullish stance for Q3, especially if OPEC maintains its cuts. If anything, this type of price environment gets all the deal makers to the table, more so than if it was at $55 or $60.feedback

Apr 27 2017

Smart CEOs will find a personal connection with him and have a lot of influence through direct lobbying, because he does not come to the Oval Office with a lot of specific policy preferences. It is in some ways dangerous politically for him because he finds himself changing his mind based on who he is talking with rather than a deep independent analysis of the positives and negatives of policy options.feedback

Apr 26 2017 - Oil

There seems to be increasing demand for light quality crude in Asia. I think with Dakota Access coming online, it makes the pipeline route from the Bakken to the Gulf Coast more economical.feedback

Apr 11 2017 - OPEC

We're still of the view that we're going to see a sharp price rally at some point occur in this quarter, and we believe inventories continue to be drawn down.feedback

Apr 11 2017 - OPEC

Now you're kind of placing a wedge between the key players because of this [U.S.] policy. The question is whether oil policy can be separate from economic or national security policy. I think it aligns in some places and it's a concern in other places. In history there have been many cases where OPEC countries were at each other's throats, but they were able to come to a deal.feedback

Apr 11 2017 - Russia

What really matters are three people – [Iranian President Hassan] Rouhani , [Saudi Deputy Crown Prince] Mohammed bin Salman and President Putin. If you figure out their positions, then you have a good idea of what's going to happen. I haven't seen a quote from any of those three lately.feedback

Apr 11 2017 - Syria conflict

For the geopolitical situation you could bend bearish or bullish. When you have Iran and Saudi Arabia now in even further conflict, and also Iran and Russia in alignment on one side of the U.S. and Saudis, and Russia not seeing eye to eye on Syria, it complicates the ability of those OPEC ministers and Russia to have an amicable outcome. That could be bearish.feedback

Apr 11 2017 - OPEC

OPEC wants to rip off the Band-Aid as soon as possible, and allow the prices to move back up to the $60 range on the force of the market alone. They realize they can't do that if the deal stays in place and they all have to comply. Eventually the compliance is going to show that certain countries are bearing more of the burdens than others.feedback

Apr 11 2017 - OPEC

They see rig count increase in the United States and forecasts by a bunch of tight oil producers that production should be higher ... so at some point the question of whether they continue this is going to hinge on whether OPEC wants to continue seceding market share ... to non-OPEC producers.feedback

Apr 07 2017 - Iraq

One of the most important factors that led all of these countries to actually get to a deal back in November of 2016 is the involvement of Russia. If we are now looking at this possibility that there is this … wedge between some of the key players, then the likelihood of an amicable outcome on May 25 is therefore less. That is important to take into account if you have the possibility of further conflict in a place like Iraq, in a place like Yemen and the rest of the region.feedback

Mar 30 2017

If I'm a long-term investor, and I'm looking at this, company performance is going to dictate the stock price as opposed to the daily tweets of the commander-in-chief.feedback

Mar 29 2017

He is a total phony. Anything coming out of this individual's mouth is inaccurate and purely part of some deranged interest in having his name in the newspaper. I met Mr. Trump once, long time ago, in 2008, pretty much for a photo opportunity and a brief talk as part of my marketing work for Trump Hollywood, after my brokering service was signed. Now, to say that I have substantial ties is total nonsense.feedback

Mar 15 2017

There is absolutely nothing funny about an assassination attempt on a president. I certainly would not have accepted it if it was President (Barack) Obama. I certainly don't accept it as President Trump, and in all fairness, it's not funny, it's not artistic.feedback

Mar 15 2017

There's absolutely nothing funny about an assassination attempt on a president, and I'm really shocked at him, because I thought he was better than that.feedback

Mar 14 2017 - OPEC

Our view is still one that sees an agreement in some form in place and we have not really wavered from that view. The reason is based on the fact that completely taking their hand off the wheel again is not something consistent with what many OPEC leaders want.feedback

Mar 14 2017 - OPEC

I think that Iraq production is not really coming off. They seem to be focused on exports and even the export numbers are not really coming off. I think a little bit of this is the Saudis are probably tacitly OK with the narrative that they're not going to shoulder the burden on their own. They're also concerned about non-OPEC compliance, namely Russia and they're not seeing the cuts coming through.feedback

Mar 09 2017

Are we fighting nature? Yes. So from that perspective, we need to make sure those places that are valuable for wildlife are preserved.feedback

Mar 08 2017 - OPEC

We maintain our bullish view on Q2 and see this as just setting the stage for breaking the upper bound of the recent mid 50s trend as soon as we get closer to summer.feedback

Mar 08 2017 - OPEC

Sentiment is not going to be conducive to support prices as we enter into the turnaround season. Second, Nigerian output has made some recovery thus negating the impact of more severe OPEC cuts and a relapse in Libyan output.feedback

Feb 21 2017 - Ukraine Crisis

I acknowledge that the brief meeting took place, but emphatically deny discussing this topic or delivering any documents to the White House and/or General Flynn. I didn't see Gen. Flynn while I was at the White House, and I didn't spend two seconds talking about this, not even one second. I've known Felix for years. I received a phone call: 'Hey Mike, you have a few minutes? Can I meet you for coffee? You mind if I bring a friend?' Little did I know it would be a guy who wants to run for president of Ukraine.feedback

Feb 01 2017 - OPEC

If we come out of turnarounds and margins are terrible because product inventories build instead of draw, we could be looking at a correction in late February, March time frame, which sets the stage for basically higher lows.feedback

Jan 10 2017 - OPEC

It is one of the reasons why we see (oil) prices higher in the first half and lower in the second half because I think what is likely to happen is that many of these OPEC countries will start to see the fruits of this compliance (deal) and they see the higher prices and they start to put their feet back on the pedal again.feedback

Jan 10 2017 - OPEC

We could expect 80 to 90 percent compliance (from OPEC and non-OPEC countries) by the time we get through to Q2 and then the question of course is whether that is going to continue into the second half of the year.feedback

Jan 05 2017 - Tesla

From Brexit to Trump's election, polling models and analysts were frequently surprised in 2016 by political events that had seemed remote. We define a commodity 'black swan' as an extreme event or dynamic that market participants, including ourselves, are not currently pricing in. We assess several black swan threats to the supply, demand and transit of commodities that could potentially move markets in 2017.feedback

Dec 13 2016 - NAFTA

It's important regionally because right now you have a whole bunch of growth in production in the Northeast, and now you have constraints on that production getting out. The fact you have Mexican demand increases can balance out where the supply might come from in the medium term.feedback

Dec 12 2016 - OPEC

There's a lag with everything. Just as there was a lag when the industry stopped. It took a year to start to see declines. It's the same thing on the way back up. It's kind of a big ship that isn't going to turn quickly. It's not a light switch. I think the issue for the Saudis was no one really understands the way shale responds to higher prices. They certainly didn't understand how it responds to lower prices.feedback

Dec 12 2016 - OPEC

It's not really that simple, but clearly the Saudis have stuff to gain from this ... They have things they need to achieve, from their social constraints and things get worse when prices get low. It's not a zero sum for sheiks versus shale, but shale certainly is the biggest winner. They were looking at a picture where prices could have conceivably been $40 to $45 for another year.feedback

Dec 12 2016 - OPEC

I think we'll set the stage for it in 2017, if prices remain in the $55 to $60 range on average or higher.feedback

Dec 12 2016 - OPEC

There's a whole host of other companies that were part of the growth story over the 2013 to 2015 time frame that added a significant amount of volume and those guys were the ones that were really hurting over the last two years. I think there's a big question of whether producers will spend out side of cash flow or within cash flows.feedback

Nov 30 2016 - Saudi Arabia

At the end of the day, what Saudi Arabia is worried about is they wanted to get the engine started on investment. They don't see it starting when oil is at $35 to $45.feedback

Nov 28 2016 - Nigeria

Three things have changed since Algiers. One is Trump was elected. Two, the earnings season showed U.S. oil producers were more resilient, and the third is the return of output from Libya and Nigeria.feedback

Nov 28 2016

Everything is posturing before Nov. 30, every minister is going to be there talking their own book. There's nothing else; everything else is speculation until all those ministers are in a room on Nov. 30, and they have their options laid out before them.feedback

Nov 28 2016 - Saudi Arabia

Something's got to give here, and the recipe for Saudi Arabia and Iran to come to the table and put something together is getting more difficult. We should all prepare for big oil price gyrations in the next few days.feedback

Nov 28 2016

Remember these are politicians. They want to protect the downside; if they can find a way to save face and kick the can to February or March, they're going to do it.feedback

Nov 28 2016

If you get a big price reaction to the upside, it's not going to be overnight, but shale production stands to make a bigger impact next year.feedback

Nov 25 2016

I still am of the view there will be a face-saving measure. They'll put together a cut that (makes official) what they were going to do anyway.feedback

Nov 18 2016

The likely scenario is a face-saving measure that doesn't change the balance.feedback

Nov 10 2016

It's going to be placed into a blind trust. The children – Don, Ivanka, Eric, they're really intelligent. They're really qualified. … He's very comfortable with them at the helm and the people who will surround them.feedback

Nov 07 2016

I'm a little bit concerned with the way market structure has been moving the past couple of days.feedback

Oct 14 2016

It's not abnormal for them to reduce output after the summer months.feedback

Oct 14 2016

There's a significant chance that next year we'll have a global oil market balance that is in deficit for the first time in two years, so there's a natural rebalancing taking place irrespective of what happens with this plan.feedback

Oct 14 2016

They're in a period of economic contraction, so when you do the calculation, the short-term gains of a $5 to $10 higher oil price may be better in a one- to two-year time frame than capturing additional market share.feedback

Oct 14 2016

The best we can expect from Russian output next year is a freeze or a stable output at end of year levels, and that's not different from what they would otherwise do.feedback

Sep 27 2016 - Nigeria

Some of the exports have returned in Nigeria and I do think we'll see Libyan production come in, in fits and starts.feedback

Sep 27 2016

Our base case is we don't expect anything to come out of that meeting and these comments from Zanganeh support the fact that the Iranians are not going to be hemmed in by any restraints on their output at this point.feedback

Aug 19 2016

We don't think they can stay here during this quarter, because we're in the midst of a shoulder season and the fundamentals are that inventories are still high and supply is not adjusting fast enough. For Q4, we think a $50 price by then is justified. We could see mid $50s or even $60 by the end of the year.feedback

Aug 19 2016 - Saudi Arabia

I think the OPEC rumors are a side show to what's really going on within OPEC, between Saudi Arabia and Iran. I think tensions remain extremely high. Iran has not reached its peak production level. I think it's still about 200,000 barrels away.feedback

Aug 11 2016

This man performed a ridiculous and dangerous stunt. I'm 100 percent certain the NYPD had better things to do.feedback

Aug 03 2016

We've already basically gone through, for the most part, half of the summer, and so now with inventories at these very high levels, we have to see the market adjust.feedback

Jul 26 2016

There's got to be a reckoning that we only have a few weeks left of peak gasoline demand, and then we hit a shoulder season.feedback

Jul 10 2016

For the last 6 quarters there's been this discrepancy between global supply and global demand.feedback

Jul 05 2016

I think (the hedging) gives producers more security to lock in a capex plan.feedback

Jan 06 2016 - Saudi Arabia

There's a potential for this to cause further unrest, and I think that's the real issue. The thing to understand is while the threat may be higher, the ways in which Saudi Arabia has mitigated that threat has improved over the last decade.feedback

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