Sankey Research
@crudegusher
Institutional Investor (ii) 2023 ranked #1 Independent Wall Street Research: Energy
This is why we keep saying "after Labor Day", target low is February 2026. Question is if we get a second low Feb 27. Or if we never go there at all... #BRENT #Oil
CHART OF THE DAY: The seasonality of the oil market has changed dramatically. Because the shift has happened incrementally over a long period, it often doesn’t get the attention it deserves. But the chart below makes it obvious. My @Opinion take here: bloomberg.com/opinion/articl…
Which (below “Iran oil high exports” tweet from mi amigo Javier), is of course bullish oil. Don’t get carried away bullish, it’s July. But! Cold winter globally 2025/6 would be two on the trot and the entire energy market re-prices higher. Because we know summers will be hot, we…
COLUMN: Donald Trump talks about "maximum pressure" on Iran, but when it comes to the booming oil sector, there's only been "maximum output." Iranian *total* oil production hit a 46-year high in 2024. And this year will see further gains. #OOTT #Iran bloomberg.com/opinion/articl…
On Tuesday of this week (July 22nd 2025), the highly anticipated results of the capacity auction for the largest regulated publicly traded electricity market in the world, the PJM (Pennsylvania, New Jersey, Maryland) power system will be announced. PJM serves 65 million people…
Video dropped! Subscribe to avoid delays while I try to take American Airlines from Morelia to New York via Dallas, which yesterday involved a lot of Dallas. Inflation Putin vs Trump, Population Deflation Morelia México $CVX $HES $VLO $XLE youtu.be/mceXZkecPgM?si… via…
Can’t do a better shot than yesterday? We got you What does Donald Trump mean for oil? #economy #oil #energy #trump youtube.com/shorts/AgP8C56… via @YouTube
OPEC and oil. Why not be in Vienna? Why? To those who said we could not get a better shot that yesterday's youtube.com/shorts/AgP8C56…
In 25 years covering the oil market, I have never seen anything like this: OPEC has widened its media ban, this time excluding the WSJ, NYT, FT, Reuters and Bloomberg (including myself) from attending its biennial industry conference in Vienna. #OOTT bloomberg.com/news/articles/…
We made it, Red! Escaped to Zihuatanejo and got a wicked drone operator for the killer final shot. Weekly video: youtu.be/bA2RdQkKsqE?si…
Public service Spotify playlist live from Brooklyn Heights waiting for the first Macy’s “Firework spectacular” to be from BK Bridge in 6 years. 100,000 expected, NYPD is locking it down. 9.30pm ET. Eric Adams has shut the Promenade but for NYC employees. We residents are not…
A truly great non-story, story: HOUSTON, July 3 (Reuters) - The arbitrators in a legal dispute between Exxon Mobil (XOM.N), Hess (HES.N), have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter. The ruling will…
Just keep republishing this chart it’s all you need to know. We should also offer to fly protestors to China 🇨🇳
Not doing much for carbon dioxide emissions though is it?
Manchester University gave me a love of industrial archaeology. Start with the Brooklyn Bridge.
My wife and I were bumming around the New River Gorge last weekend and visited the “ghost town” of Thurmond, WV, which was called the Dodge City of the East. It’s right in the middle of the gorge. Some pics…🧵
sankeyresearch.com/2025/06/08/val…
I haven’t read the note. Do you have a link to it please?
Reading Section 2b of the UK Takeover Code I might be due an apology to the WSJ... if I understand anything. Shell for BP - Under Note 2 on Rule 2.8 of the Code, Shell reserves the right to set the restrictions in Rule 2.8 aside in the following circumstances: with the agreement…
Seems like a dud story from WSJ on Shell buying BP. Normally on M&A, WSJ publishes it, you can go to the bank. This one was flatly denied by Shell “no talks”. Within like 30mins. Worst WSJ M&A story I’ve read.
Mega-deal Shell for BP; Oil Risk and asparagus. It’s the weekly video! Subscribe to our channel, in case I forget to share it. Again. youtu.be/2CzD5e-9jtM?si… via @YouTube
Shell for BP been a strong rumour since 1952 Oxy’s Dale Laurence bet me in 2002 that Anadarko would be taken over & gone within a year. He was making like $20m a year or something and I might have been making $20k. I knew to go all in. All in. Clearly he was wrong. Easy money.…
$BP and $SHEL, Paul ??!!!? 😮
“By 1910, 41 percent of New Yorkers were foreign born….” Source: hofstra.edu/pdf/academics/…
40 percent of New York City's population is foreign born. Not just second and third generation immigrants. Foreign born. Almost half the city wasn't born in this country. NYC isn't an American city anymore by any reasonable definition of the term. It's a tragedy and a disgrace.
Seems like a dud story from WSJ on Shell buying BP. Normally on M&A, WSJ publishes it, you can go to the bank. This one was flatly denied by Shell “no talks”. Within like 30mins. Worst WSJ M&A story I’ve read.
SHELL FOR BP. Good to know BP are “carefully considering”. Beats recklessly considering. We are hearing it is a break up story w Adnoc involved, totally unconfirmed. Plenty of Adnoc (Abu Dhabi) for BP chat preceded.