By Paul Sankey
Published on October 15, 2026 at 12:18 PM
Bad news, at least for those of you eager to hear from Robert Clarke, US Upstream Expert at Wood Mackenzie, this evening for Happy Hour, he has been “Struck by the lurgy” – flu, and begged a pardon. Granted, word from Texas is that this flu is a bad one. We warn you to ensure in this modern world, your life is resilient. From floods, power cuts, rampaging mobs, corrupt officials, are you defended? For …
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By Paul Sankey
Published on May 20, 2026 at 6:00 PM
NEW YORK, May 20 (Reuters) – The United States withdrew 17.8 million barrels of crude oil from its inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war has cut global supplies and raised demand for U.S. crude and products. In a week. Oil analysts nod and say “we are heading for operational minimum inventory levels, fast.” ~ When will I retire? We have booked Paul Cheng, recently retired …
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By Paul Sankey
Published on February 22, 2026 at 5:53 PM
Pondering the potential disaster of the incoming blizzard that has started here. Our Monday JFK flight to London at 9am… Cancelled First world problem Some 80% of the world’s population has never taken a plane. As of 4pm snow barely an inch ~ This note is a bullish US Distillate note. Strong demand, flat supply. Bullish complex refiners such as Valero, Marathon Petroleum and PSX, but the rising tide lifts all US refining boats, assuming …
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