Evolving Dynamics in Crude Oil Trading

This chapter explores the transformation of the crude oil trading landscape over the past 15 years, focusing on changes in market participants and trading strategies post-financial crisis. It highlights the shift towards asset-backed trading, increased market volatility, and the influence of technological advancements and deglobalization on trading practices. The discussion also emphasizes the need for enhanced risk management and the evolving relationships between firms and customers within a changing market.