By Paul Sankey
Published on December 3, 2021 at 9:03 AM
So the December 2021 OPEC did not end. But the working decision was to increase production. Having not met the previous decision to increase production. OPEC+ also decided to continue to require those that had exceeded previous quotas, should still have to cut back to make up for excess production previously, with lack of production currently. Yep, it’s a mess, and in this note I publish a table that tries to make sense of it […]
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By Paul Sankey
Published on November 23, 2021 at 9:08 AM
The two top topics besides Jerome Powell being re-appointed yesterday, many are saying, including a major client yesterday, that it all feels so 1999, and the NASDAQ was down -1% on higher interest rates by day end, with many story tech stocks at crazed valuations now in the -50%+ correction territory, see list at end). Strategic Petroleum Reserves co-ordinated release (China, India, Japan, South Korea) expected today, just announced. Response? “The Fed can’t print more […]
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By Paul Sankey
Published on June 27, 2021 at 1:27 PM
Please join the Sankey Research party in DUMBO this Thursday as we celebrate the crazy past year, since first publishing the first Morning Sankey as independent research, on the Friday, of July 4th weekend 2020. What a muted occasion that was. Now New York is raving, and that is before international tourists return. RSVP for the party. It’s meant as an opportunity for people to come to see the remarkably transformed and very cool Brooklyn […]
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