The HC Commodities Podcast
Argus Crude Summit: Shifting landscape of crude oil trading with Peter Keavey and Paul Chapman
Feb 26, 2025
Peter Keavey, Managing Director at CME Group with over 35 years in energy trading, joins host Paul Chapman to discuss the dynamic shifts in crude oil trading. They explore the rise of Asset Backed Traders and Hedge Funds, highlighting how these changes affect market strategies and participants. The conversation also delves into technology's role in enhancing market access and risk management. Additionally, geopolitical risks and the evolving dynamics in global trading, especially with U.S. companies, are examined.
35:21
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The crude oil trading landscape has shifted significantly towards asset-backed trading, enabling firms to optimize operations in volatile markets.
- Technological advancements have democratized market access and improved risk management, reshaping strategies in the evolving crude trading environment.
Deep dives
Transformations in Crude Oil Trading Landscape
The crude oil trading landscape has undergone significant transformations in recent years, particularly since the end of the Great Recession. Over the past 15 years, the number of key players has dramatically decreased, with many banks and oil majors reducing their trading capabilities due to regulatory changes and market volatility. This consolidation has resulted in fewer organizations participating in crude trading, which has had profound implications for risk management strategies in a volatile market. The current trading environment reflects an intricate balance between asset-backed trading and traditional strategies, reshaping how firms navigate the complexities of the crude oil sector.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
