Πηγαίνετε εκτός σύνδεσης με την εφαρμογή Player FM !
Oil insights with Harry Tchilinguirian | How Short is too Short? | S1 E5
Manage episode 439148976 series 2660211
This episode of Oil Insights was recorded on 10th September, 2024 at 11am BST. Research Associate Vincent Wu guest hosts alongside Research Analyst Mita Chaturvedi as Harry Tchilinguirian attends APPEC in Singapore.
In this week's episode of Oil Insights, Vincent and Mita delve into the current state of the oil market and discuss the potential for a significant price reversal given the ultra-short positioning by money managers, including CTAs. Amid prevailing economic uncertainty, sluggish Chinese demand and the anticipation of additional OPEC+ barrels, bulls seem to have given up as the market accepts a lower flat price environment.
The team discusses OPEC+ strategy as of late, alongside the downgrading of forecasts by trade houses and Wall Street banks, and more. They also focus on the LPG market as this week's featured product. Mita explains how shifting to winter specification gasoline blending has injected new support into butane, while international propane saw a standout performance this week despite a bearish futures market.
We’d love to hear from you! If you’d like to get involved with our podcast, please leave a comment on this video on our YouTube page. You can also listen to the podcast on Spotify, Apple Music, or Google Play.
198 επεισόδια
Manage episode 439148976 series 2660211
This episode of Oil Insights was recorded on 10th September, 2024 at 11am BST. Research Associate Vincent Wu guest hosts alongside Research Analyst Mita Chaturvedi as Harry Tchilinguirian attends APPEC in Singapore.
In this week's episode of Oil Insights, Vincent and Mita delve into the current state of the oil market and discuss the potential for a significant price reversal given the ultra-short positioning by money managers, including CTAs. Amid prevailing economic uncertainty, sluggish Chinese demand and the anticipation of additional OPEC+ barrels, bulls seem to have given up as the market accepts a lower flat price environment.
The team discusses OPEC+ strategy as of late, alongside the downgrading of forecasts by trade houses and Wall Street banks, and more. They also focus on the LPG market as this week's featured product. Mita explains how shifting to winter specification gasoline blending has injected new support into butane, while international propane saw a standout performance this week despite a bearish futures market.
We’d love to hear from you! If you’d like to get involved with our podcast, please leave a comment on this video on our YouTube page. You can also listen to the podcast on Spotify, Apple Music, or Google Play.
198 επεισόδια
Όλα τα επεισόδια
×Καλώς ήλθατε στο Player FM!
Το FM Player σαρώνει τον ιστό για podcasts υψηλής ποιότητας για να απολαύσετε αυτή τη στιγμή. Είναι η καλύτερη εφαρμογή podcast και λειτουργεί σε Android, iPhone και στον ιστό. Εγγραφή για συγχρονισμό συνδρομών σε όλες τις συσκευές.