WORLD OF OIL DERIVATIVES
GREG NEWMAN
From
Amazon:
In
'World of Oil Derivatives' Greg Newman breaks down the inner workings of
financial oil markets and how to navigate their intricacies. Whether you are
looking for a better understanding of the market’s evolution or some help with
trading – this book is the ultimate guide to one of the world’s most complex
and opaque industries.
After
three years of turmoil, oil markets continue to grip the world's attention with
unprecedented negative prices to inflation inducing highs. Meanwhile, the
global economy has become increasingly financialised. Sagas like the short
squeeze on GameStop and rampant speculation on cryptocurrency have become the
market norm, and markets have been driven away from their traditional
fundamentals and into the hands of the collective market sentiment. The
financial oil markets have grown so much over the last decade, they are now
recognised as the driving force behind what sets the world’s largest traded
commodity. Often described as 'opaque', this financial market is still widely
misunderstood with little research or literature available. This book fills
that void, with a comprehensive look at the architecture of the financial oil
market and a guide to navigating its intricacies. World of Oil Derivatives will
resonate with newcomers to the oil market, but will also educate a wider
audience; traders, policymakers and journalists seeking to understand this area
of growing importance.