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The Merchant's News

Giacomo Prandelli
Hundreds of paid subscribers

The Merchant's News is a newsletter by Giacomo Prandelli covering oil, gas, LNG, metals, and geopolitics, with practical insights on sectors, trade flows, and commodity-linked stocks.

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Substack
PricingFreemiumPublishesDaily
Issues254Founded2 years agoLast Issue3 days ago
Active

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themerchantsnews.substack.com
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Latest Issues

USA Voted Against $4 Gasoline, Oil Lost $22 In 3 Days. What Happens Now?

The price lost the election, the fear came out of the barrel in 3 sessions and the war that put it there has not ended.

3 days ago
15
Paid

Exxon And Chevron Made $303 Million A Day. Tomorrow's Vote Decides How Long It Lasts

The refineries beat the oil wells at ExxonMobil for the 1st time in 6 years. The owners got 36% of the cash, the lenders the rest and the price of everything in this quarter is now set in Washington.

5 days ago
7
1
Paid

Europe Closed Its Refineries. Shell, BP And TotalEnergies Just Sent The $28 Billion Bill.

The refineries made the quarter. Capital allocation decides what shareholders keep and only one of the 3 is worth owning for what comes after the margin fades.

8 days ago
27
1
Paid

Nat Gas Is $3 In America And $31 In Europe, Who Keeps The Money This Winter?

Oil found a way around Hormuz,Nat Gas did not. The traders keep the $28, Europe's factories pay it, and two links of the chain are still cheap.

10 days ago
32
Paid

Tech Made You Rich, Can Oil Keep You Rich?

Musk expects stranded compute. The refiners, tankers and producers are collecting record cash and the market has not fully priced it.

12 days ago
15
Paid

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Authors

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  • Giacomo Prandelli

    The Merchant's News is a newsletter by Giacomo Prandelli covering oil, gas, LNG, metals, and geopolitics, with practical insights on sectors, trade flows, and commodity-linked stocks.

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