By Paul Sankey
Published on January 26, 2025 at 4:38 PM
A short catch up note today, struggling to see through the blizzard of wood chippings flying out of Washington DC: smoke, flames, feathers, shards of ice … in fact the blizzards and smoke are veritably across the whole USA, as President Trump seems to be everywhere, and making speeches everywhere, with regular but subject-scattered commentary, at-times with wild implications. And that was Week One. Gone are the days of Joe Biden making “no comment” or …
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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 19, 2025 at 6:51 PM
Welcome to a historic week ahead, Day 1 Trump II… INCOMING SLB opens year-end 2024 oil earnings season with a winner – since the start of 2025 we like the oils. Call us twitchy bulls. The word China scares us, but we are looking for China demand upside starting with winter and scrambling for non-sanctioned oil. Our feeble bull case: Asian LNG is now more expensive than diesel in China, which should reverse marginal demand …
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