S&P 500NA+NA+NA%

NasdaqNA+NA+NA%

VIXNA+NA+NA%

DXYNA+NA+NA%

CONA+NA+NA%

WTI95.76+1.69+1.7965%

NATTY5.09-0.245-4.5966%

Quote of the day: Pelé: “Success is no accident. It is hard work, perseverance, learning, studying, sacrifice, and most of all, love of what you are doing or learning to do.”

Energy Transition
Paul Sankey

Morning Xi is Your Man

We had Ed Westlake, former lead oil analyst at Credit Suisse, lined up for Happy Hour guest this week (Ed has relocated from Seattle back to Tribeca, NYC). “After 20 years as a successful Energy Equity Research analyst in Europe and the US, I recently set up Wonderland Analytics. Our goal is to use the increasing availability of data/compute, together with equity/industry analysis, to predict the direction and volatility of US equities/credit/CDS/ETF’s (all sectors). We

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Energy Transition
Paul Sankey

Sunday Rogers… Have a Dip at it Son

Pinky promise. When England are done in this World Cup, I will not write of soccer for a good while — like when I did the thematic on Bitcoin and closed the book. Didn’t mention it for three years. Uninvestable. Sell. After my World Cup thematic one client asked me to look at Rugby, but that is truly off our “energy and energy-adjacent” pitch; for me the game is not succeeding. Cricket would interest me

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Energy Transition
Paul Sankey

Thematic: World Cup Management vs Assets

We can safely say that while taking a look at the World Cup, and management, and assets (players), based on an original argument I made that “the best player wins the World Cup”, my side project got out of control and ended up in a full analysis of the history of soccer, the great players, the great managers, and everything in between. One player is faster than Mbappe this tournament. Do you know how much

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Happy Hour tomorrow ** 12pm Noon ** Morgan Downey

We have changed the time to our reserve slot tomorrow to accomodate the World Cup quarter 4 p.m. kickoff of Morocco vs. France, rather than compete for attention with Mr. Mbappé (7 goals, 1.40 per game) and Morocco’s star scorer Mr. Saibari (3 goals, 0.75 per game), who remains an injury doubt with hamstring strain. So: *** Tomorrow Happy Hour/Strategy Session call is now 12pm Noon, Morgan Downey, 7/9/26. **** Great guest. PREMIUM CLIENT ONLY,

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Energy Transition
Paul Sankey

The Winner Takes it All… in my Living Room

Brief today, no homework, between hosting a July 4th Barbeque last night, watching the fireworks from the Promenade – they really lit it up big time, incredible – and the tall ships. I wondered if we would get drones, but they went with the big artillery. At one point the Brooklyn Bridge was a cascading flow of white fire into the water below. The bonus of the tall ship show yesterday morning offset the catastrophe.

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Energy Transition
Paul Sankey

Now Here is What I Want Y’all to Do for Me

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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