3min chapter

Odd Lots cover image

Javier Blas Explains How Commodity Trading Shops Really Work

Odd Lots

CHAPTER

The Riing of the Oil Futures Market

Traders borrow for the duration, like how long are they borrowing for the revolving lines of credit. They have all kinds of different borrowing facilities, fron, from revolving to by lateral, del to to dus at o for for the transactionb. A typical transaction will be a bying rustan oil, which is still legal if you are moving it into, say, the netherlands rather than is the centre of the european oil industry. And when some of the companies reach the limit of how much they are borrowing from the banks, as when the banks say, we cannot continue lending,. That's where we saw the lobby group of the europen energy traders go to

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode