Lead and Lag: Predicting the Futures | S6 E05 - podcast episode cover

Lead and Lag: Predicting the Futures | S6 E05

Jan 30, 202431 minSeason 6Ep. 5
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Episode description

Brent futures spent most of the week with prices typically above $80 per barrel, recording a second week of gains. Geopolitical risk premiums strengthened, and positive economic news from the US, along with promising developments in China, contributed to the positive sentiment.

As for refinery margins, it's been a positive week, with products driving the rally and support seen from every product down the barrel.

Greg reflects on the paradox of the Dated Brent market, pivotal in global crude oil pricing, being potentially net bearish, yet experiencing upward price momentum due to financial inflows. Brent spreads, and speculative forces stemming from the Red Sea, are prompting the question of whether the current upward momentum can be sustained and if the North Sea market, for instance, might be mistaken.

If you'd like to see our trade idea of the week, check it out here: https://youtu.be/MDqmKHSXWKU

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If you would like to connect with any of our hosts on LinkedIn, please click on the hyperlinks below:

Greg Newman: https://www.linkedin.com/in/oilderivatives/
Vincent Wu: https://www.linkedin.com/in/vincent-wu-099816125/
Martha Dowding: https://www.linkedin.com/in/martha-dowding-ab84801a6/

Chapters for this episode are: 
0:00 Welcome 
0:58 Brent Market
11:59 Refinery Margins
20:08 Trade Idea
26:44 "Googling Oil:" World Oil News 
29:25 Poll Results and Outro

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Lead and Lag: Predicting the Futures | S6 E05 | Flux News podcast - Listen or read transcript on Metacast