By Paul Sankey
Published on January 10, 2021 at 12:40 PM
Good morning, The first working week in January is always a crazy week for this analyst, and by Monday afternoon, having run five 1×1 fireside chats with five refining CEOs, I was already joking that I was ready for my year end vacation. Then, from nowhere, Saudi unilaterally cut production on Tuesday 5th January at the now-monthly OPEC+ meeting, the afternoon as we rounded out the conference with a 1×1 with Valero management that morning. […]
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By Paul Sankey
Published on November 15, 2020 at 2:46 PM
I’ve been at the computer working like a chickenhawk on Adderall this morning and it still got late in the Sunday. Patricia is having a lovely time in beautiful weather in Mexico at San Miguel de Allende – an absolutely fantastic place with my globally top five favourite hotel – the Rosewood – right there. It might be my favorite, that is how wonderful that place is. Another top five is the Imperial Palace Hotel […]
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By Paul Sankey
Published on June 28, 2020 at 4:18 PM
The US natural gas market enjoyed a surge of optimism at the depths of the COVID crisis, on hopes that lower US E&P activity would temper excess supply of associated gas, produced from super-charged US E&Ps pursuing oil production growth. Already as of last year, Permian (WAHA Hub) prices were negative on lack of takeaway capacity vs available excess supply. Although one bull trend, of exports to Mexico, has held up brilliantly in the 2020 […]
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