By Paul Sankey
Published on August 2, 2026 at 7:26 PM
Greetings, After sending you a UAE note yesterday that tried to start punchy with Hormuz volume charts, then later went back 2,500 years to to Cyrus the Great, Persian Empire I, today we have mostly charts. “You, me, and the UAE” was emailed to you yesterday intra-Saturday. It feels a momentous time in writhing markets, and it feels like the combination of the Japanese Yen, the new Fed Chair, and well, Korea’s Kopsi index, never …
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By Paul Sankey
Published on July 21, 2026 at 1:55 PM
It was said that the late, great oil legend Steve Chazen, former CEO and Chairman of Oxy and then founder of Magnolia Oil & Gas, had one of three responses to emails: “Yes”, “No” and “Have you lost your mind?” Two recent announcements had us questioning which reply to send. HOUSTON–(BUSINESS WIRE)–Jul. 17, 2026– ConocoPhillips (NYSE: COP) today announced it has agreed to terms with bp to acquire a 42% interest in BP Energy Company …
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By Paul Sankey
Published on July 2, 2026 at 10:31 AM
No doubt you have been drumming your fingers waiting for the news on this week’s Happy Hour, but after careful consideration, we are skipping it tonight, the Thursday eve of the market holiday tomorrow for the 250th-anniversary July 4th Independence Day celebrations and the market holiday tomorrow. Congratulations U.S.A.! Great job. Way to go. Nice win last night team USA in the World Cup into the big weekend celebration. We can say that there has …
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