EP 342 - Oil. love it, hate it or just want to use less of it? Like it or not you can’t avoid it.

We chat to Greg Newman, CEO of Onyx Capital Group, who helps us to unpick our planet’s tricky relationship with black gold. We talk democratising derivatives, tricky transitions and how increased transparency can help to build a fairer energy future.

We also graciously allow Greg to plug his book 'World of Oil Derivatives' (OK, it’s a good book, you should read it)

Chapters:

00:00 BWB with Greg Newman

01:06 Meet Greg - CEO of Onyx Capital Group

02:00 Understanding Oil Derivatives

02:15 The Financial vs. Physical Oil Market

03:29 The Role of Financial Contracts

07:34 Hedging and Price Stability

14:12 Greg's Journey in the Oil Market

15:02 The Impact of Regulation on Oil Trading

16:42 The Rise of Mandara

25:02 The Future of Oil and Market Efficiency

29:33 Global Oil Market Challenges

30:00 The Role of Market Efficiency

31:10 Trading Dynamics and Market Influence

31:33 Transparency and Market Fairness

33:37 Democratising Oil Trading

35:40 The Impact of Sentiment on Prices

37:44 Regulation and Market Self-Regulation

38:05 The Future of Oil and Renewables

56:34 The Role of Petrochemicals

56:54 The Problem of Oil and Lubricants

57:03 China's Strategic Moves in Petrochemicals

57:45 Tech Advancements and Market Shifts

58:00 The Impact of COVID on Market Trends

58:09 Challenges Faced by Oil Companies

59:05 Investment Shifts and Market Realities

59:40 The Role of Media and Public Perception

01:00:15 Engaging Retail Investors

01:01:13 Understanding Oil Contracts and Market Dynamics

01:01:56 Personal Insights and Reflections

01:07:39 Quickfire Round - Get To Know Greg

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Can’t Stop Oil? Understanding Global Fossil Fuel Addiction with Greg Newman