Navigating the Risks of Trading Oil

Exploring the challenges and opportunities in oil trading, this chapter delves into understanding event and market risks, advocating for a cautious approach for novice traders. The discussion covers the impact of major players like Russia on the oil market, the dynamics of different contracts, and the significance of discipline in trading. Emphasizing strategies, risk management, and the intricacies of energy markets, the chapter provides insights for navigating the complexities of trading oil and natural gas.