By Paul Sankey
Published on August 29, 2024 at 9:32 AM
Today oil market gurus Jan Stuart vs Kathleen Kelley as we get a gut check on oil markets to end summer. Register here – Premium Event summer time this afternoon 1pm ET. https://sankeyresearch.com/conference/sankey-strategy-session-jan-stuart-interest-form-2/ LIVE Happy Hour next week drinks for clients during Barcap Week – Wednesday 4th in Midtown from 4pm onwards. I am working on the venue waiting for The Knickerbocker Hotel to get back. RSVP. ~ A quick pre-call gut check on oil …
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By Paul Sankey
Published on August 14, 2024 at 9:49 AM
A focus note for you today, on Darling and the California Low Carbon Fuel Standard which has been an important factor in the weakness in West Coast refining margins, that is bleeding into wider refining margin weakness vs current refiner earnings estimates for Q3. We show in this note that California diesel is now 60% renewable, with attendant pressure on refining margins there, as gasoline demand has peaked, and 25% of vehicle sales are electric. …
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By Paul Sankey
Published on August 11, 2024 at 2:29 PM
Congratulations, you made it to vacation time. The Olympics has added to the media lunacy, and that is over. There is no August interruption in service for Sankey Research, but for clients, hopefully you are taking vacation time. In this note we show the cheapest places to get a Big Mac and a beer, globally. See you at Barcap first week of September: Barclays 38th Annual CEO Energy-Power Conference September 4th to September 5th, 2024. …
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