Can’t Stop Oil? Understanding Global Fossil Fuel Addiction with Greg Newman
Description
EP 342 - Oil. love it, hate it or just want to use less of it? Like it or not you can’t avoid it.
We chat to Greg Newman, CEO of Onyx Capital Group, who helps us to unpick our planet’s tricky relationship with black gold. We talk democratising derivatives, tricky transitions and how increased transparency can help to build a fairer energy future.
We also graciously allow Greg to plug his book 'World of Oil Derivatives' (OK, it’s a good book, you should read it)
Chapters:
00:00 BWB with Greg Newman
01:06 Meet Greg - CEO of Onyx Capital Group
02:00 Understanding Oil Derivatives
02:15 The Financial vs. Physical Oil Market
03:29 The Role of Financial Contracts
07:34 Hedging and Price Stability
14:12 Greg's Journey in the Oil Market
15:02 The Impact of Regulation on Oil Trading
16:42 The Rise of Mandara
25:02 The Future of Oil and Market Efficiency
29:33 Global Oil Market Challenges
30:00 The Role of Market Efficiency
31:10 Trading Dynamics and Market Influence
31:33 Transparency and Market Fairness
33:37 Democratising Oil Trading
35:40 The Impact of Sentiment on Prices
37:44 Regulation and Market Self-Regulation
38:05 The Future of Oil and Renewables
56:34 The Role of Petrochemicals
56:54 The Problem of Oil and Lubricants
57:03 China's Strategic Moves in Petrochemicals
57:45 Tech Advancements and Market Shifts
58:00 The Impact of COVID on Market Trends
58:09 Challenges Faced by Oil Companies
59:05 Investment Shifts and Market Realities
59:40 The Role of Media and Public Perception
01:00:15 Engaging Retail Investors
01:01:13 Understanding Oil Contracts and Market Dynamics
01:01:56 Personal Insights and Reflections
01:07:39 Quickfire Round - Get To Know Greg
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