Morning Machado

By Paul Sankey Published on November 30, 2023 at 9:52 AM

It’s a good day today to be having dinner with the CEO of Chevron, hosting a sellside dinner tonight in NYC. Sorry, they blew up Happy Hour for this week, but next week we have Tourmaline management. Great for North American natgas. Last night I had dinner with Manchester University Alumni, and sat next to a macro mutual fund manager (multi family office). “How is global liquidity?” I asked. “Much higher than people think” was …

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Sunday History

By Paul Sankey Published on October 16, 2022 at 3:20 PM

Yo, Noted, French refining strike seems to be drawing to a close, with ExxonMobil’s Fos returning to normal. Continued issues with the most extreme of the unions, the CGT, for TotalEnergies. Around 30% of French gas stations reported short of product. We perceive the refining workers strike in Iran to be a domestic issue – for now. History of the Iranian Revolution was driven by strikes by Iranian oil workers. The 1979 Iran revolution directly […]

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Sunday Primrose Hill

By Paul Sankey Published on October 9, 2022 at 5:28 PM

Greetings from London Town, The Giants and Packers fans were out in numbers around the West End – I can’t believe the Giants won! My daughter Honor is the expert – her line was that the Giants might be the best-coached team in football. She is deeply cynical about the team, so, powerful words. By the way her life ambition is to be a CEO, and a Giants Season ticket holder. Meanwhile in the pub […]

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