By Paul Sankey
Published on January 7, 2026 at 9:53 AM
My 6am morning coffee run this morning was shrouded in a Dickensian fog, dark figures in dark coats, streetlights almost candle-weak. It was hard to not find that meaningful in today’s bewildering markets. The Fog of War (a great film, highly recommended, on Kennedy/Johnson Defense Secretary Robert McNamara). The first surprise was not the removal of Maduro and his wife, but the lack of positive momentum for María Corina Machado, who had appeared to be …
Read More
By Paul Sankey
Published on October 12, 2025 at 6:47 PM
Greetings from Brooklyn Heights, Well, the big story on Friday was the shocking arbitration decision against US start-up-to-giant US LNG exporter Venture Global, right? BP wins a major legal case! Wild. Well it was big news, until that is, we got a Truth Social post from Donald Trump that cratered the NASDAQ by eight handles and sent crypto-currencies to their largest one-day value loss in history of around -$19bn, sending social media into a frenzy. …
Read More
By Paul Sankey
Published on July 29, 2025 at 5:19 PM
Hot times, summer in New York City today, hitting 96°F (36°C), at least failing to break 100°F (38°C). We got the air con blasting, and all the oil news today is cryogenic. In this note we talk about Enterprise Product Partners (results yesterday, OPEC chat) and first, Baker Hughes, from the top rope, with an all-cash deal for Chart Industries (ticker $GTLS, assume the ticker is gas-to-liquids reference), just when we thought the BKR story …
Read More
