By Paul Sankey
Published on March 19, 2021 at 8:41 AM
What is the highest rank in the popcorn army? Kernel. Where do you find the Andes? At the end of your Armies. Few people know that Bruce Lee had a vegan brother, Brocco. Where do DJs do their research? Wiki-wiki Wikipedia. It’s Friday! Why did oil airdrop? Probably because it was walking on air. Spot “flat” Brent prices fell 7.5% yesterday. A trading house sent this comment: “Vitol offered Brent aggressively, driving Dated lower. Shell […]
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By Paul Sankey
Published on March 17, 2021 at 8:26 AM
Noted: $PLUG – has said it will restate financials within a couple of months of a major stock offering of 28m shares at $65 per share around January 29, 2021. Not good, unless you are a lawyer. Stock is half that level in the pre-market after yesterday’s shock announcement. The IEA has produced a double whammy today of the Monthly Oil Market Report and their Oil 2021 outlook for global oil markets to 2026. As […]
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By Paul Sankey
Published on March 3, 2021 at 8:51 AM
NOTE KATHLEEN KELLEY OPEC EXPERT ON HAPPY HOUR THIS WEEK THURSDAY 5PM A year ago, March 6th 2020, I walked into the ExxonMobil analyst meeting day 2 – the deep dive sessions between senior company management and sellside analysts – and by way of introduction to the small group that had gathered drinking coffee before sitting down at the conference table, said what I had just heard from Vienna: “Russia are not going to cut.” […]
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