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193: Greg Newman – Dynamics and Themes Impacting the Global Oil Market

Chat With Traders

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The Importance of Market Dynamics in a Decorrelated Market

Is it hard for you to make a market in that condition where a lot of the flow is very one sided? I understand that might be a bit of a naive question, but I'm interested to hear your answer. So if you're one, it was very clear from an outright price perspective and outright differentials. But on the flip side, when you have a product differential or to be fair, a certain type of crude differential as well, it's a relative value thing. It's actually more straightforward for a crude differential because you know that the crude market is being over supplied.

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