By Paul Sankey
Published on October 31, 2024 at 8:20 AM
The two largest US natural gas E&Ps reported this week, which was interesting. Our observation would be that these companies have gone from buying volatility (hedging their production) to selling volatility (holding spare capacity of unproduced but quickly available natural gas supply) and hence will dampen volatility in US natgas. “Why have oil prices not soared on wild Middle East turmoil, oil should go to $200/bbl?” question the oil tourists. No, spare capacity massively dampens …
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By Paul Sankey
Published on July 21, 2024 at 2:03 PM
Greetings again from Reykjavik, This week we will give you a quick look at the week ahead – which will be as mad as last week I reckon, for reasons to be outlined. For the specifics of oil stock performance last week, Sankey Research Global Head of Being Smart Mr Greg Bordelon will publish this evening, a day-by-day diary account of last week’s performance, which you will receive at 6pm ET this evening, “Model Portfolio” …
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By Paul Sankey
Published on May 9, 2024 at 9:51 AM
A couple of weeks ago I made a noise complaint – just so much headline news that has a marginal impact on anyone’s reality. How do we see the forest for the trees? Protestors chant: Q: “What do we want?” A: “Media attention now!” Tonight on Happy Hour 4pm ET – Luke Gromen, Macro superstar. It’s not just what he knows, it’s who he knows. Luke clearly inhabits the virtuous circle of top clients = …
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