By Paul Sankey
Published on April 6, 2025 at 6:55 PM
Assuming you have not just returned from a vacation to Mars, there is no need to describe what happened last week. Remember our old line that “OPEC cuts are bearish US natgas prices?” Well, we come back to that later. OPEC increases this past week… bullish natgas. As we noted in the weekly video we sent Thursday/Friday, we like natgas, gold, (and tobacco). We don’t like refining, oil service, and E&P. Watch this week for …
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By Paul Sankey
Published on January 21, 2025 at 10:03 AM
Bullish oil! Bullish ConocoPhillips! With increasingly hysterical preview stories of Trump’s Day 1 Executive Orders-to-be-signed reaching an over/under of 200, the line that came to me this morning was from a local Long Island music group, formed in 1985 at Adelphi University Long Island, by Carlton Ridenhour and William Drayton (aka Chuck D & Flavor Flav), called Public Enemy: “Don’t believe the hype, it’s a sequel” Which is to say, that with major expectations that …
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By Paul Sankey
Published on January 16, 2025 at 10:18 AM
Continuing on from our successful refining conference (Days 1 & 2) we are pedal-to-the-metal on oil markets, with an update required for the latest balances, which have been very dynamic over the past month. Winter, shadow fleet, China, tonight on Happy Hour bring on the barrel counter! Jan Stuart, Global Oil & Gas Economist: Johannes serves as global energy strategist at Piper Sandler. A self-described oil-geek, Stuart and his team take a micro-fundamentals approach to …
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