By Paul Sankey
Published on November 10, 2024 at 2:21 PM
Afternon, Back in London. Where was memorialized this Sunday morning the 11th minute, 11th hour of the 11th day of the 11th month that spelled the end of World War I. We were out this morning at the Horse Guards Parade (photo above) to watch the Remembrance Sunday parades, with a friend of mine solemnly marching as an officer in the front row of the Black Watch (Royal Highlanders) regimental group. It was moving to …
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By Paul Sankey
Published on October 16, 2024 at 10:10 AM
Mayfair, London, meeting an oil analyst at a major macro fund this morning, we had a most enjoyable meeting – for me at least – as I pitched the lateral nature of Sankey Research, vs the vertical silo nature of Wall St research. Basically he had worked at refiners, E&Ps, banks, and now commodity traders/macro, and I was arguing that barrel counters in global oil analysis are good at oil markets, but horrible at oil …
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By Paul Sankey
Published on September 6, 2024 at 11:00 AM
Numerous conversations with clients this week, which was fun. I miss the days of the trading floor, of the random conversations, of the face-to-face interaction, hey, the water cooler. We had a great live Happy Hour on the rooftop of the Knickerbocker Hotel this week. My friend Rob is in New York luxury hotels, and business has never been better. The head of events at the Knickerbocker said “We get 85% occupancy without trying, and …
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