By Paul Sankey
Published on July 27, 2025 at 8:35 PM
Let me put my arm round your shoulder and talk to you about oil markets. Because we hit a notable moment in US oil history this year: In 2025, the US became a net oil exporter to Nigeria We have a couple of nice charts on the incredible shift in US oil trade dynamics since the 1970s. Petrodollar? It appears smaller on this screen. We also check in on Iraq, which is extremely important at …
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By Paul Sankey
Published on July 13, 2025 at 6:44 PM
Ola, You might remember my line over the past few years, my line that the biggest danger I face when I travel to Europe, with its land wars, economic and migrant crises etc, is getting hit by a flying champagne cork. Sure enough today’s incredible tennis final at Wimbledon was interrupted by a flying champagne cork landing on court. Congratulations to both players, incredible. A certain Permian Oil CEO and I shared messages of incredulity …
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By Paul Sankey
Published on July 6, 2025 at 7:44 PM
Que tal, You meet me in philosophical mode. As you can infer from the banner photo today, I am writing to you sitting by a stunning infinity pool villa, in Zihuatanejo, Mexico, Pacific Coast. Zihuatanejo was notably featured in the 1994 film The Shawshank Redemption, in which the protagonist Andy Dufresne (played by Tim Robbins) escapes from prison to Zihuatanejo. “How are things?” “Nobody is dead or in prison” in one of my standard responses. …
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