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 …
Read More
By Paul Sankey
Published on September 29, 2024 at 2:23 PM
What happens if oil breaks $50/bbl? From our April note earlier this year introducing our CUSP concept: “Forecasting agencies, trading houses, banks, analysts, and journalists, continue to be anchored in the redundant methodology for analyzing the global oil market, namely deriving the ‘Call On OPEC.’ We posit rather, that the oil market works today on “Call on US Supply.” We call it CUSP. The key balance in global oil market is “Call on US (Unconventional) …
Read More
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 …
Read More
