Paul Sankey: Oil Would Be Below $60 If It Weren’t For Saudi Production Cuts

Forward Guidance

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Timestamps:

(00:00) Introduction

(00:55) Oil Market At "Equilibrium" Right Now

(08:51) “If It Wasn't For Saudi Production Cuts, Oil Would Be Below 60 Dollars, I'm Sure Of It”

(13:03) U.S. Oil Production Has Exploded

(18:25) VanEck ad

(19:07) The Mergers & Acquisitions (M&A) Cycle Has Begun In Oil (Diamondback-Endeavor Deal)

(25:40) Importance Of Inventory Quality (And Quantity)

(29:00) Management Issues

(32:38) Buybacks and Dividends

(35:50) Oil Companies With Strongest (And Weakest) Inventories

(38:07) Merger Arb In Deals That Haven't Closed

(44:43) How AI Will Impact Power Demand

(50:55) About Sankey Research

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Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.