By Paul Sankey
Published on November 13, 2025 at 12:48 AM
Tomorrow: 4pm ET Rich Kruger, CEO Suncor, let’s talk some sense in to these people, I am fighting for the oils here. Rich is like an assassin. We have questions. “I am the assassin! With tongue forked from eloquence.” – Marillion, Assassing. Worth a YouTube. ~ For sure I was over-excited going into the first Chevron analyst meeting since 2023 and post-Hess – the longest gap between Chevron analyst meetings of my career. So I …
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By Paul Sankey
Published on May 25, 2025 at 12:52 PM
Happy Memorial Day weekend, We’ve talked about the vicious thugs that came back to the neighborhood. Hanging around in a sinister mob, scowling at observers, never look them in the eye, they are genuinely violent and dangerous. They are, the Bond Vigilantes. Funny thing is, I’m terrified of them too, but I look at long term interest rates and think “Rates are not THAT high”. Maybe that is what terrifies me. Below, yields since 1970. …
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By Paul Sankey
Published on May 18, 2025 at 2:30 PM
This Sunday note is primarily further to Woodside. We had dinner with Graham Tiver, Woodside CFO, last Tuesday evening. ~ Right now we are focusing on thematic research, because there ain’t no point in chasing this market day-to-day. With that said, to now comment very briefly on markets, we had Torsten Slok on Happy Hour Thursday, so we are covered on macro. We emailed you his slides. Every indicator with the possible exception of US …
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