By Paul Sankey
Published on June 14, 2022 at 8:34 AM
Libya down by 1mb/d, maybe President Biden should visit? APA (Apache Oil) duster in Suriname is unfortunate for the marginal mega-bull case BP – like Shell, the non-alcoholic beer of big oils – sells out of Canadian Oil Sands but increases exposure to Western Canada offshore OKLAHOMA CITY, June 14, 2022 /PRNewswire/ — Continental Resources, Inc. (NYSE: CLR) today announced that its board of directors (the “Board”) has received a non-binding proposal letter, dated June […]
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By Paul Sankey
Published on February 2, 2022 at 9:33 AM
What’s going on the market? The Intelligent Investor is back from extended sabbatical and he/she/they is furious. Key current trading ideas: Long Shell into results tomorrow. Long Suncor into results tonight. Stock has lagged CNQ badly, one month, three months, six months, one year. We had strong downstream chat from Suncor’s EVP of downstream Kris Smith on our refining conference, which continues tomorrow with Joe Gorder’s Valero, RSVP. SU has key differentiation from CNQ in […]
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By Paul Sankey
Published on June 20, 2021 at 3:03 PM
Happy Father’s Day, Markets are roiling on Fed comments, and how we get off the heroin of money printing to stimulate the economy. It will be very hard, and markets clearly will not like it. We hosted Steve Levine on Happy Hour this past week, he’s excellent. He does not support my argument made on Thursday last week in the morning note, that EV adoption by consumers will be slow. He asserts that EVs will […]
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