By Paul Sankey
Published on October 7, 2026 at 12:00 PM
With a lot of newsflow, Happy Hour will feature Chevron tomorrow, Thursday Oct. 8, at 4 ET, with locked-in guest Jeanine Wai, Director of IR. Maybe she can bring a bonus guest. My Masters of the Universe dinner with a major market maker is tonight in Midtown. I am back in Brooklyn after a great weekend wedding in Michoacán, Mexico, the world’s avocado capital. DOE – Refining Right at top of Range for time of …
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By Paul Sankey
Published on September 29, 2026 at 10:07 AM
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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By Paul Sankey
Published on September 27, 2026 at 6:43 PM
This morning getting coffee was a wet and blustery experience. That said, my backyard (surrounded by buildings) weather station records 0.6” rain and 20mph wind peak gust (JFK recorded a 56mph gust, but flights basically fine). Nor’Easter fake news? It is more lively out on the Brooklyn Heights Promenade for sure, and the tide is lapping as high as I have seen it along the shore in Brooklyn Bridge Park. The main observation is that …
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