By Paul Sankey
Published on December 30, 2023 at 3:45 PM
Excitement is mounting for our refining conference day next week 3rd January. We also have a former big time oil trader and a former CFO of one of our independent refiners joining dinner 2nd January with Ole Slorer. Still space available if you are in Miami by Tuesday, please join. This note has company specific questions for the Tuesday participants, six companies back-to-back. There is no limit to participants if you want to join the …
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By Paul Sankey
Published on December 27, 2023 at 3:28 PM
Good evening, Above, my grandfather Stan and grandmother Win at Aunt Chubb’s wedding, late 1920s. You passed the solstice – the days are getting longer! Lots of places you don’t really care that much, but believe me, in today’s filthy British winter weather, here dark and stormy London (but warm), with sheets of rain, the standard optimism is that days are now getting longer. And so to Miami soon (same latitude as Dubai). Please join …
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By Paul Sankey
Published on December 6, 2023 at 9:08 AM
The final section of our 2024 refining themes takes us to the single biggest sector in global oil, and one with potentially the most dramatic transition: US gasoline. So far we have covered: DIVERGING BALANCES – short distillate, long gasoline; China petchem solves excess gasoline? CAPACITY ADDS – Major additional capacity East of Suez, Nigeria’s Dangote, Mexico’s Dos Bocas DIFFERENTIALS NARROW – Saudi cuts vs burgeoning US light-sweet, Q3 2023 start up of Canada’s TMX RENEWABLE DIESEL …
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