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 December 31, 2025 at 9:13 AM
Sankey Research Refining Conference – starting the year with a bang as always: To register: Click Here Jan 5th Monday @10:00am – Marathon Petroleum – Maryann Mannen, CEO & team Jan 5th @11:15am – Senior Refining Executive – Greg Goff – Industry legend Jan 5th @1:00pm – Delek – Avigal Soreq, CEO & Mohit Bhardwaj, IR Jan 5th @2:00pm – Par Pacific – Will Monteleone, CEO & Shawn Flores, CFO Jan 9th Friday @11:00am – PBF Energy – Matt Lucey, CEO & Joe Marino, CFO Jan 12th Thursday @2:00pm – HF Sinclair – Timothy Go, CEO, …
Read More
By Paul Sankey
Published on December 24, 2025 at 6:57 PM
Good evening, We have previously noted that the Trump Administration needs a foreign war to get past the raging Epstein dumpster fire. Venezuela looks juicy for a distraction. We also noted that this Administration likes major news announcements on key dates, and these can come during major holiday news lulls, ie today. Key numbers, after I did the ring around on Venezuela: As of 2019, Venezuela was estimated ~1.9mb/d production capacity. The Vice President just …
Read More
