World of Oil Derivatives Greg Newman

Brent Futures have been volatile and rangebound this week, dropping to around $81/bbl and supported again over $84/bbl. With the OPEC meeting next week (and being held online), there's been conversation that Russia has overproduced oil output, but will be correcting lower after not adhering to the April quota due to over production. This audit will be used to update production baselines. Biden announced he was releasing a million barrels of gasoline from the northeast gasoline supply re...

On today's show, James focuses on the stronger-than-expected US economic data, which has pushed yields higher. He also discusses the growing concerns around employment, the booming Indian economy, weakening UKL data, and unfortunate timing with the election looming. Some charts and trade ideas that James discusses include NVIDIA, Nasdaq, silver, copper, and USDJPY.If you would like to connect with any of your host, James Brodie or ask a question, you can follow him X (formally Twitter) @...

Group Chief Executive Officer, Greg Newman sits down with Group Chief Financial Officer, Andrew Chen to discuss the importance of people, leadership, planning, debt, investment and risk in scaling a business from a start up to a supersonic company. Greg and Andrew, both experts in their fields, dive into the psychology of what motivates individuals in the workplace and how comparison can be the thief of joy. They reflect on their leadership style and how their managers from their f...

Crude futures climbed over the week, surpassing $84/bbl on Monday morning, which was the first weekly gain in 3 weeks.Heating oil and gas oil were the most negative in the refinery margin change this week. We saw strength come back into EBOB and Gasoil which has helped the products we look at in the swaps market in Europe see greater strength.James says the macro news last week was the US CPI data, which is falling again. There was also weaker than expected retail sales and industrial product...

On today's show, James discusses the recent break out in the equity markets, and the huge surge higher in commodities with a particular focus on silver. Copper and Gold are at all-time highs and silver has broken out aggressively from of a key resistance level at $30, which previously acted as triple top. Nickle, Tin, Zinc, Aluminium and other metals are surging higher and even orange juice is trading at all-time highs.Last week's data has created some interesting moves in the markets. US CPI...

Brent crude is consolidating around $82-83/bbl. The big story over the weekend was Iraq’s oil minister, Hayyan Abdul, saying on Saturday that Iraq would not agree to renew cuts, but flipped on Sunday, saying that Iraq will continue to cooperate with other member states about this cut. Looking to the refinery margins, spreads have collapsed with stop outs driving the movement. There was a significant drop in RBBR, down to just $21.50/bbl in Jul. There has been a build in EIA gasolin...