By Paul Sankey
Published on May 26, 2024 at 12:49 PM
Memorial Day weekend, a legendary moment of the great American year. “Summer 2024”. Man, it has a nice ring to it. I like round numbers, prime numbers, cool numbers, and 2024 has a great ring – so far. Best we can say, is It is unlikely to turn into 2020, we got past March. Market at all-time highs, new generation investment in AI, we spiral forward. With effectively zero unemployment, these are the times when …
Read More
By Paul Sankey
Published on May 12, 2024 at 7:08 PM
We have hit that point in oil markets when suddenly, just like that, all the newsflow turns bearish. Better put “seems bearish”. Once again, like our commentary on US distillate looking less terrible when you add back renewable diesel (note published last week), latest reports of the death of the oil market are over-stated. Prior reports have proven completely wrong. While there may be bearish fears regarding the upcoming June 1st OPEC meeting, the reality …
Read More
By Paul Sankey
Published on April 4, 2024 at 8:42 AM
This evening 4pm ET HAPPY HOUR with OPEC whisperer Kathleen Kelley, reviewing the latest OPEC chatter after the Joint Market Monitoring Committee met this week. The OPEC powers-that-be said “Carry on”. Kathleen is a former personal advisor to Saudi oil ministers passim, and runs her own consultancy, Queen Ann’s Gate. She is a recognized “OPEC whisperer”, who also consults to major US E&P companies. RSVP to this email or click on this link: Sankey Strategy …
Read More
