By Paul Sankey
Published on October 9, 2024 at 7:26 AM
The internet here at my parent’s apartment is so bad that I looked at buying a Starlink. £299 from Curry’s (British ~Best Buy). I’m tempted to, but in this basement flat, we only have a 20ft square patch of skylight. So now I am running internet from my iPhone and it seems okay including a full Bloomberg. Hats off to technology. And frankly, hats off to Elon. How did he come up with – and …
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By Paul Sankey
Published on June 9, 2024 at 12:33 PM
Good day, Jan Stuart talked me off the bear ledge on Happy Hour this past Thursday. He highlighted, like the Saudis themselves, that there is still a high degree of market control here by Saudi. In this note we focus on this week’s comments by the Saudi Oil Minister, while in Russia. This week shareholder vote on Tesla is a big deal, we highlight it, but add little else, other than a chart showing that …
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By Paul Sankey
Published on May 12, 2024 at 7:08 PM
We have hit that point in oil markets when suddenly, just like that, all the newsflow turns bearish. Better put “seems bearish”. Once again, like our commentary on US distillate looking less terrible when you add back renewable diesel (note published last week), latest reports of the death of the oil market are over-stated. Prior reports have proven completely wrong. While there may be bearish fears regarding the upcoming June 1st OPEC meeting, the reality …
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