By Paul Sankey
Published on March 3, 2025 at 9:01 PM
Obvious first take is that the order came down from on high: Trump says “increase oil production” and MBS (Saudi Arabia) and Putin (Russia), the baseload of OPEC+, decide to increase production. Simple. Thus it was announced in an an official OPEC+ Press Release this afternoon that tape-bombed the oil market (wider market already plummeting), “OPEC to increase production into an over-supplied market”, with the mood on Wall Street in full “sell them all” mode. …
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By Paul Sankey
Published on December 5, 2024 at 12:09 PM
This evening 4pm Happy Hour with Kathleen Kelley, special listener Ed Morse, and clients, to discuss OPEC. Register here for an OPEC chat, PREMIUM EVENT: https://sankeyresearch.com/conference/sankey-strategy-session-kathleen-kelley-interest-form-6/ Have to run after Happy Hour to the annual “Sellside Analyst Appreciation Dinner” with Chevron senior management this evening. They put us in stocks and throw mud pies at us. Only kidding, looking forward to it. ~ Man, normally oil pops on an OPEC extends cuts decision, and then …
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By Paul Sankey
Published on December 4, 2024 at 5:30 PM
We are working up a terrific list of Happy Hour C-level guests under our virtual refining conference umbrella starting January 6th, with confirmed E&P C-suite lining up later in January. In the meantime, cometh the OPEC meeting tomorrow, cometh the chat from Kathleen Kelley, the OPEC whisperer: At 4pm ET tomorrow please register for this PREMIUM EVENT by clicking the link below; we anticipate that OPEC will be at or close to a decision Middle …
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