By Paul Sankey
Published on April 29, 2026 at 8:56 AM
Strategy Session this week Thursday 4pm · Guest – Ed Morse, Hartree Partners April 30th at 4pm ET Registration – Click Here Ed was teaching International Relations at Princeton for the 1973 Oil Crisis. ‘Nuff said. ~ This week so far: Not TACO but NACHO – “Not A Chance Hormuz Opens”. Oil inventories globally are plummeting, first a sea, now on land. DOE data today at 10:30am today will surely confirm the big draws seen …
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By Paul Sankey
Published on April 26, 2026 at 8:36 PM
This week, delighted to say we will host Ed Morse, the most tenured oil analyst on Wall St, a legend, to Happy Hour at our regular 4pm ET time slot, Thursday (30th April – time flies). I appeared on CNBC with Ed live from the NYSE in March 2020, and listened to answers very, very carefully. I walked away and tripled all my demand destruction forecasts, worked out the combination of Saudi at record production …
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By Paul Sankey
Published on April 14, 2026 at 10:32 AM
With everybody yelling about the massive disconnect of Dated Brent over paper Brent, which has been around a +$40/bbl premium in recent days, I have seen no mention of the large fact that the Big Oils earn Dated Brent, not the paper price that is killing oil bulls (long the paper) with frustration. So the price you see on your screen – Brent around $100/bbl – far understates what the companies will earn when they …
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