Energy Security Cubed: The Dominance of the Virtual Barrel over the Oil Market with Ilia Bouchouev

On this episode of the Energy Security Cubed Podcast, Kelly Ogle and Joe Calnan interview Ilia Bouchouev about the leading role of futures trading in the oil market, and what it means for energy security. He is also the author of a recently released book on the topic, "Virtual Barrels: Quantitative Trading in the Oil Market", which you can find here: https://www.amazon.ca/Virtual-Barrels-Quantitative-Trading-Market/dp/3031361504 For the intro session, Kelly and Joe Calnan provide an update on the Nord Stream pipeline issue and the role of Brazil's PetroBras in global oil. Guest Bio: - Dr. Ilia Bouchouev is the former President of Koch Global Partners and an adjunct Professor at New York University Host Bio: - Kelly Ogle is Managing Director of the Canadian Global Affairs Institute - Joe Calnan is a Fellow and Energy Security Forum Manager at the Canadian Global Affairs Institute Reading recommendations: - "Machine Learning: An Applied Mathematics Introduction", by Paul Wilmott: https://www.amazon.ca/Machine-Learning-Applied-Mathematics-Introduction/dp/1916081606 - "The Wisdom of Crowds", by James Surowiecki: https://www.amazon.ca/Wisdom-Crowds-James-Surowiecki/dp/0385721706 Interview recording Date: February 5, 2023 Energy Security Cubed is part of the CGAI Podcast Network. Follow the Canadian Global Affairs Institute on Facebook, Twitter (@CAGlobalAffairs), or on LinkedIn. Head over to our website at www.cgai.ca for more commentary. Produced by Joe Calnan. Music credits to Drew Phillips.