Saudi Arabia Is Bailing Out The Oil Market (Here’s How) | Paul Sankey
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- เผยแพร่เมื่อ 11 มิ.ย. 2024
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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. - บันเทิง
Finally, you can easily access Bitcoin in a low-cost ETF with the VanEck Bitcoin Trust (HODL). Visit vaneck.com/HODLFG to learn more.
One of the most informative interviews I've heard in a while
You must not listen to much
@@7425park not much about the oil industry.
Paul Sankey needs to start a talk therapy business for oil and gas investors
A pleasure to listen to this guy talk.
Thank you Jack for focusing on the energy market with this episode. Paul did a great job explaining the market conditions.
Great point at the end of the video about energy only being a popular topic at market extremes.
Nice insight into the oil business. Knowledgeable guest and great interview. Thank you both.
With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly-which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfoli0
It’s precisely at times like these that investors need to be on guard against the next certainty. You don’t have to act on every forecast, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $300k from an initially stagnant reserve of $150K.
;Right, I've been in constant touch with a fiinancial-analyst since covid . You know these days it's really easy to buy into trending stock`s, but the task is determining when to buy or sell . My advisorr decides entry and exit commands on my portfoliio, I've accrued over $300k from an initially stagnant reserve of $150K:;;
that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you.
please can i get to your advisor?
Listening to Paul and Jack is like the anti-CNBC. When I turn on CNBC I often feel like my IQ is draining away like the battery on my phone. I turn on an interview like this and it is like plugging it into the charger. Thank you so much for such a wealth of valuable information.
Don’t underestimate the value of a good fade which CNBC is tops 😂
somebody steal the man's voice please, it's sooooo soothing
Glad that you love him so much
I agree (no homo)
Excellent piece. Great knowledge that does not get a regular airing. Thank you.
Fantastic, thank you, great interview, great guest, very informative. Subscribed.
This was so interesting! very valuable information :) thankyou
That was a wonderful interview, thank you.
Thanks Jack...great interview.
thx guys! great interview
Wow, this was a real gem, even by Jack Farley's usual standards.
Might i make the suggestion that you get in more sector specialists in other sectors, and also more country specialists on mid-size international markets?
It is getting slightly repetitive to listen to yet another forecast on the usual macro questions ("when will the fed cut", "is AI in a bubble or not" etc). Thank you!
Great convo guys! Thanks
“Convo” wow, are you a beatnick?
best interview i've watched in a long time. very lucid
Thanks guys!!
Great show!
Thanks for a conversation that truly helps us understand what moves energy prices and their Stock valuations. Well worth the time.
Very informative guest and interview❤.
Great interview!
Amazing episode
This was great! Thanks for information
Great interview
Great presentation. Very impressive.
What an incredible interview..
Wow, super-informative.
Great interview.informative and some humor.
Well done, great guest and questions from Jack. I wasn't even that interested in oil/energy before this, and I learned a lot. Interesting point about NVDA chips using so much energy. If utilities like Dominion are too poorly run to profit from it, who will benefit from this extra spike in energy demand?
it's negligent to discuss US GDP without addressing that includes government spending
Id be interested to know what he thinks about the growing bitcoin mining industry.
In a rapidly evolving financial landscape, the potential US recession presents a dual-edged sword for the market. While it could trigger a sell-off in risk assets including cryptocurrencies, it also positions them, particularly Bitcoin, as potential safe havens amidst high inflation and geopolitical tensions. This scenario underscores the unique investment opportunities in the crypto space, especially with pivotal events like Ethereum's upgrade and Bitcoin's halving approaching, signaling growth prospects for forward-thinking investors........managed to grow a nest egg of around 100k to a decent 432k in the space of a nine weeks... I'm especially grateful to Francine Duguay, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She often interacts on Telegrams, using the user-name...
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Investing has proven to be an incredibly beneficial decision. My cryptocurrency profits continue to play a substantial role in growing my overall wealth, reducing my reliance on my salary…
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She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing....
Very safisticste info ...hard for retailer...but still....maybe u can go back to simplirst level? Maybe after month...
What is wrong with Devon Energy?
Furri-ometer? How do i get one of those?
The average American household consumes about 1,200 watts/hr of power or about twice the consumption of an NVIDIA chip.
This Jack Farley guy is a really good interviewer. Seems wasted on TH-cam. Could easily be a talking head on cable television.
Energy + Growth + Employment are all connected.
Growth is essential to maintain our economy and prevent a recession and high unemployment.
For growth we need more energy as demand increases.
95% of our energy comes from oil and gas with less than 5% coming from renewables.
The fact is that oil and gas supplies are getting less and the next 50 years will see most of it gone or severely reduced.
The future is very uncertain.
Russia will hold all the cards as far as energy is concerned.
The growing demand for energy seems unsustainable.
Recession and inflation is obviously the result in the coming decades.
Thanks Texas frackers
How about the SPR drained down to keep oil prices low? Thats going to need to reverse course.
What does he think of Petrobras?
If Saudi took the price down for a year this would finish the Ukraine war. It would also prevent a world recession in China and EU. The US would have to dance with them and agree to reduce their market share for 5 years. So what, they can replenish thier reserves.
Saudi brought down the USSR this way when they flooded the market and USSR went bankrupt. But what’s in it for Saudi this time? Is the US willing to bargain with them under Biden who said he’d turn them into pariah? Why damage relations with Russia again when America is willing to backstab its most important ally Saudi? (FDR deal to supply Saudi oil to US industry in the 30s, Nixon in the 60s with Saudis for petrodollar, 80s USSR flooding oil and support the anti-communists Islamist to bring down USSR allies like in Afghanistan with the Mujahidin)
WE ARE IN A DECLINE AND SPEEDING UP .
Excellent interview, Jack. Next time you interview Sankey or another oil industry expert, you should question them about the impact of electrification of Transportation on oil demand, because it is significant and growing quickly. For example, just last year over 1 million barrels per day of oil demand was displaced and destroyed by electric scooters alone which are spreading rapidly in the third and second world. Evie's likewise will start displacing much oil demand along with electrification of Long Haul trucking. In my opinion, oil is not investable as it is in a secular downtrend, and natural gas is not in Festival in the US because of the oversupply, and I seriously doubt many new natural gas plants will be built due to the high capital expenditure versus increasing competitiveness of Renewables and grid scale Storage solutions. So, I've decided to focus my investments on power semiconductors and lithium miners, because no matter what the increased power demand is going to require more power semiconductors, especially silicon carbide.
We have reached Peak oil demand
Its odd to call it a bailout. Thev are keeping the price up to profit.
12:41
Start 25:49
That would be okay, I could purchase great quality companies at a discount
12:00
150 a barrel but going to 40
Buybacks and Dividends are NOT the same thing. I much prefer Dividends over buybacks, money in my pocket vs. theoretical money at some far off or never sell point. Cash return to me is much MUCH more important than buybacks.
US oil production is not up it is a numbers game with natural gas !
*A+*
Knock knock
12:36 - 12:43
Pettol dollar needs oil at a crrtain price. Us needs this to help keep us dollar as the leader of the world currency as long as possible.
Oil was free a few years ago but somehow the US is still low in reserves & will have to buy more now on the open market
I'm so happy I made productive decisions about my finances that changed my life forever,hoping to retire next year.. Investment should always be on any creative man's heart for success in life
That's awesome!!! I know nothing about investment and I'm keen on getting started. What are the strategies?
I'll advise you to work with a financial advisor.....Building a good investment portfolio is more complex so I would recommend you seek Fergus Waylen's support. This way you can get strategies designed to address your unique long/short-term goals and financial dreams..
Wow. I'm a bit perplexed seeing him been mentioned here also Didn't know he has been good to so many people too this is wonderful, i'm in my fifth trade with him and it has been super
YES!!! That's exactly his name (Fergus Waylen) so many people have recommended highly about him and am just starting with him from Brisbane Australia
I'm familiar with Waylen. I've learnt invaluable insights from him, who generously shares his knowledge and experience to help beginners navigate the complexities of the market
What if the Saudi are maxed out and there oil fields are in decline and they are slapping Saudi oil stickers on Russian oil to keep up appearances..
Inflation hit every other sector, oil producers are getting destroyed with current values, they are getting paid less in real terms.
Saudi main income from gold mining,mineral mining more than oil reserve.natural gas more profit
Saudi Arabia jave always adjusted output to try and control prices. Yiu dont need an expert to tell you that.
Oil 🛢️ is still King 👑 God's Free Energy
Nobody wants Eevee's
The OPEC needs $75 a barrel for their economy and terrorism.
Saudi needs that price for their massive projects but it isn’t needed any longer for their national budget. The revenue raised by the government is now less than 45% on oil
Saudi Arabia is helping Russia more than India does..
Is this guy a oil analyst or a politcian?. What's so brilliant about the US economy if one is omitting to account for the role of debt in obtaining such high nominal GDP?
Printing money also causes inflatoin. I am surprise you don't know that. LOL
Saudi buy cheap Russian oil for resell gain profit
T
total crap i dont know what they are talking the oil price is a function of debt...oil will be 250+ even with 2008 levels
This guy knows nothing…I shake my head.
🤣⁉️👎
This guy talks like a foreigner, so I wouldn’t trust him.
25:31