By Paul Sankey
Published on August 10, 2025 at 9:21 PM
Maybe the key question for this week is whether Vladimir Putin walks away with Alaska in exchange for Greenland. I mean, I don’t know. But the deadline is November 10th. In case you missed it, in Aramco results last week, Aramco are quoting Kpler that global oil demand is now (August 2025) 108 mb/d. Repeat, 108mb/d. But obviously, this week in oil will be dominated by President Trump meeting Putin in Alaska. Friday. So we …
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By Paul Sankey
Published on July 27, 2025 at 8:35 PM
Let me put my arm round your shoulder and talk to you about oil markets. Because we hit a notable moment in US oil history this year: In 2025, the US became a net oil exporter to Nigeria We have a couple of nice charts on the incredible shift in US oil trade dynamics since the 1970s. Petrodollar? It appears smaller on this screen. We also check in on Iraq, which is extremely important at …
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By Paul Sankey
Published on July 18, 2025 at 10:53 AM
Just to note I am jumping on CNBC around 11:10am to talk CVX-Hess completion. You know we always tell you our view first… (ie need to send you a note before CNBC) but in fact there is a management call for analysts at 12pm, so there will be more to say later today. CVX pre-emptively fired -20% of their workforce, so you can expect the $1bn synergy target to be guided towards year end completion, …
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