Oil Ground Up

OGU's new host, Rory Johnston, welcomes in Adi Imsirovic to delve into the complexities of the oil trading industry, exploring Adi's extensive background in both academia and commercial trading. They discuss the current challenges faced by OPEC, the impact of tariffs on oil demand, and the shifting dynamics of the energy market, particularly in light of the growing influence of electric vehicles. The conversation also touches on the supply-demand balance and long-term projections for oil demand, highlighting the uncertainties and volatility in the market. In this conversation, Adi discusses the future of oil demand, emphasizing that despite a predicted decline, the oil market will remain vibrant for the next two decades. He highlights the impact of geopolitical tensions, particularly between China and the US, on energy security and market dynamics. The discussion also delves into market structures, specifically the concepts of Contango and Backwardation, and their implications for traders. Adi expresses concerns about potential risks in the oil market, including the possibility of a price war initiated by Saudi Arabia. Finally, he shares insights on US production and rig counts, emphasizing the importance of efficiency in shale production.

In this episode of the Oil Ground Up podcast, Dr. Robert E. Brooks discusses the evolution of the LNG market, the role of RBAC in energy modeling, and the current dynamics of global energy supply, particularly focusing on the relationship between the U.S. and China regarding LNG exports. Dr. Brooks highlights the significant changes in the LNG industry over the years, the impact of geopolitical factors, and the future outlook for LNG contracts amidst evolving market conditions. In this conversation, Robert E Brooks discusses the complexities of global shipping routes, particularly focusing on the Panama Canal and the Red Sea, and their implications for natural gas shipments. He provides insights into the current state of natural gas supply and demand, forecasting trends, and the impact of data centers on energy consumption. Brooks also addresses the risks and opportunities within the natural gas market, including geopolitical factors stemming from the Russia-Ukraine conflict and the evolving landscape of energy production and consumption in Europe.

Tony Greer interviews Brian Rainsborough and Chris Sembritzky from Renaissance Energy Africa about their exciting oil exploration efforts in Namibia. They discuss the significance of drilling one of the largest onshore wells in history, the geological challenges and potential of the region, and the economic viability of their operations. The conversation also covers the infrastructure in Namibia, market strategies for oil export, and the future prospects of expanding their operations into Angola. In this conversation, Brian and Chris discuss the unique opportunities and challenges in oil exploration in Namibia. They highlight the importance of community engagement, regulatory support, and innovative technical approaches in their exploration efforts. The conversation also covers the company's structure, financial insights, and future goals, emphasizing their commitment to making a positive impact in the regions they operate in.

In this episode of the Oil Ground Up podcast, Patrick De Haan, Lead Petroleum Analyst at GasBuddy, discusses his career journey and the role of GasBuddy in tracking gas prices. He delves into the impact of energy policies on oil prices, the dynamics of OPEC's production decisions, and the forecast for future gas prices. The conversation also covers regional differences in gas prices across the U.S., the implications of refining capacity, and consumer behavior regarding gas purchases. Patrick emphasizes the importance of being aware of gas prices and the potential for savings through the GasBuddy app, while also touching on investment opportunities in the energy sector.

Josef Schachter, President of Schachter Energy Research Services, provides insights into the oil market and Canadian energy sector. He discusses the impact of US tariffs on Canadian oil, noting that the weakened Canadian dollar can offset some of the tariff's impact, and that the US Midwest relies on Canadian heavy crude due to quality issues with Mexican oil and restrictions on Venezuelan imports. Schachter expresses optimism about buying opportunities in Canadian energy stocks, suggesting the market is bottoming out and forecasting $90 oil within a year. He emphasizes the importance of LNG potential for both the US and Canada and identifies value in companies involved in natural gas production and transportation. Schachter also touches on the political landscape in Canada and its potential effects on the energy industry, and advocates for investors to take advantage of fear in the market to invest in undervalued energy companies.

In this episode of the Oil Ground Up podcast, Ian Wagner sits in for Tony Greer and interviews Steve Sinos, managing partner at Blue Lacy Advisors, about the intricacies of risk management in the energy sector. They discuss the importance of understanding commodity risk, the dynamics of oil and crude tariffs, insights into the LNG market, and the volatility of WTI prices. Sinos emphasizes the need for a detailed analysis of market drivers and the significance of being proactive in risk management strategies. The conversation also touches on future catalysts that could impact the energy landscape.

Tony Greer and Robert Connors delve into the current state of the energy markets, exploring the impact of political changes, trends in oil and natural gas prices, and the future of uranium and nuclear energy. Connors shares his insights on the importance of returns on capital in the energy sector and discusses the evolution of his business, Crude Chronicles, emphasizing the value of independent analysis in a rapidly changing market landscape. In this conversation, Robert Connors discusses the importance of building a long-term brand in the energy market, emphasizing the need for consistency in content creation. He explores the role of AI in data analysis and the future of electric vehicles, while also highlighting the refining sector as a promising area for investment. Connors shares insights on market cycles, explaining how energy markets move in waves and the significance of understanding these trends for successful investing.

In this episode of the Oil Ground Up podcast, Dan Romito shares his journey from NASDAQ to Pickering Energy Partners, discussing the challenges and opportunities within the energy sector. He emphasizes the importance of understanding ESG, the need for better representation of the energy industry, and the impact of political changes on energy policy. Romito also highlights the critical role of resource management, particularly water, in the future of energy production and economic competitiveness. In this conversation, Dan Romito discusses the intricate relationship between the oil and gas industry and environmental stewardship, emphasizing that a flourishing oil and gas sector is essential for sustainable environmental practices. He critiques the oversimplification of energy sources, particularly the reliance on renewables like wind and solar, and highlights the significant land use and geopolitical implications of these technologies. The discussion also covers the potential of nuclear energy as a modern solution and the role of natural gas as a bridge fuel in achieving decarbonization goals. Romito stresses the importance of economic considerations in energy policy and the need for a more nuanced understanding of energy sources in the context of political dynamics.

In this episode of the Oil Ground Up podcast, Joe DeLaura, a global energy strategist at Rabobank, shares insights into his career in the oil industry and discusses the current dynamics of the oil market. He highlights the static nature of oil prices, the long-term trends in oil consumption, and the impact of geopolitical factors on market stability. Joe also delves into the refinery dynamics, the natural gas market, and the future of LNG, emphasizing the importance of understanding these trends for strategic decision-making in energy investments. In this conversation, Joe DeLaura and Tony Greer discuss various aspects of the energy market, focusing on hedging strategies, the importance of power markets, and the role of nuclear energy in the transition to renewable sources. They explore the challenges faced by ERCOT and the implications of policy changes on electric vehicles and diesel demand. The discussion emphasizes the need for a diversified energy portfolio and the importance of upgrading infrastructure to meet future energy demands.

In this episode of the Oil Ground Up podcast, Tony Greer interviews John Johnston, a veteran oil trader with nearly 50 years of experience. Johnston shares insights into his career, the evolution of oil trading, and the dynamics of the market. He discusses the strategies he employed, the impact of technology on trading, and the changing landscape of the oil market over the decades. The conversation highlights the challenges and excitement of trading in the oil pits, as well as the importance of risk management and adapting to new market conditions. In this conversation, the evolution of trading from traditional methods to algorithmic trading is explored, highlighting the challenges faced by individual traders in the current market landscape. The discussion then shifts to the current state of the oil market, analyzing trends, demand, and pricing dynamics. Finally, the conversation delves into the journey of transitioning to financial journalism, emphasizing the importance of clear communication and market insights in writing. You can follow John's work via his Substack at https://jj745.substack.com/