Paul Sankey: Oil Would Be Below $60 If It Werent For Saudi Production Cuts
Finally, you can easily access Bitcoin in a low-cost ETF with the VanEck Bitcoin Trust (HODL). Visit https://vaneck.com/HODLFG to learn more. VanEck Bitcoin Trust (HODL) Prospectus: https://vaneck.com/hodlprospectus/\n__\nFollow Paul Sankey on Twitter https://twitter.com/crudegusher\nFollow VanEck on Twitter https://twitter.com/vaneck_us\nFollow Jack Farley on Twitter https://twitter.com/JackFarley96\nFollow Forward Guidance on Twitter https://twitter.com/ForwardGuidance\nFollow Blockworks on Twitter https://twitter.com/Blockworks_\nPaul Sankey research: https://sankeyresearch.com/\n__\nUse code FG10 to get 10% off Blockworks\u2019 Digital Asset Summit in March: https://blockworks.co/event/digital-asset-summit-2024-london\n__\n\nTimestamps:\n(00:00) Introduction\n(00:55) Oil Market At "Equilibrium" Right Now\n(08:51) \u201cIf It Wasn't For Saudi Production Cuts, Oil Would Be Below 60 Dollars, I'm Sure Of It\u201d\n(13:03) U.S. Oil Production Has Exploded\n(18:25) VanEck ad\n(19:07) The Mergers & Acquisitions (M&A) Cycle Has Begun In Oil (Diamondback-Endeavor Deal)\n(25:40) Importance Of Inventory Quality (And Quantity)\n(29:00) Management Issues\n(32:38) Buybacks and Dividends\n(35:50) Oil Companies With Strongest (And Weakest) Inventories\n(38:07) Merger Arb In Deals That Haven't Closed\n(44:43) How AI Will Impact Power Demand\n(50:55) About Sankey Research\n\n__\nDisclaimer: 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.