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Quote of the day: “October, baptize me with leaves! Swaddle me in corduroy and nurse me with split pea soup.” — Rainbow Rowell

Crude Chronicles on Happy Hour – $200/bbl and BUY RIG

Happy Hour is a premium product but I am making this a general distribution to support my mate “Crude Chronicles”. It is a video, because he talks about slides and charts, and if you know anything about making a great chart, you will know that this is the task of heroes. I was extremely touched that Rob credited me with encouraging him to start his business. I was a bit blase in the moment but

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Paul Sankey October 3, 2026 3:40 PM

Modern History: Hormuz (and Happy Hour)

TODAY on Happy Hour, fantastic long term analyst Rob Connors, aka Crude Chronicles, we highly recommend his research product through Substack. Register here for the Zoom at 4pm today ET. https://sankeyresearch.com/conference/sankey-strategy-session-robert-connors-interest-form/ Source: The Crude Chronicles You can sign up for Rob (https://thecrudechronicles.substack.com/) after you hear him on the call, a former sellside analyst, he has a passion for literally going to the library and grinding through deep financial and particularly commodity history. As you will

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Paul Sankey October 1, 2026 1:11 PM
Energy Transition
Paul Sankey

Presumption? Hormuz, TOTALEnergies & Shell

Important note: last 24 hours we may see the beginning of a trend of weaker oil prices yet higher Treasury yields. This would be a major and concerning break of the trend of the last month of almost 1:1 postive correlation between oil prices and Treasury yields. The feeling of “something is going to break” indicator is getting to boiling point. But remember, a watched kettle never boils. ~ NFI: I did NOT get invited

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Paul Sankey September 29, 2026 10:07 AM
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