GM33: Drilling into the Oil Market ft. Rory Johnston

Today we are joined by Rory Johnston, founder of Commodity Context, a physical commodities research firm based in Toronto, Canada. We talk about Rory’s in-depth research focused on the oil sector, as well as the current narratives impacting the price of oil right now. We discuss his deep dives into the workings of the oil industry, focused on adding a broader perspective to price assumptions and market fluctuations. From Russia’s invasion of Ukraine to China’s Covid lockdown, Rory shares his reflections on diverse market responses to geopolitical events around the world. Is there going to be a big energy demand from China going forward? What is it going to take to stabilize oil prices? How does inflation factor in? Join us on this fascinating exploration of the role oil plays, and the variables that can change the trajectory of the energy market.-----EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “The Many Flavors of Trend Following” here.Learn more about the Trend Barometer here.Send your questions to [email protected] please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Hari on Twitter.Follow Rory on Twitter.Episode TimeStamps: 02:31 - Introduction to Rory Johnston and Commodity Context07:15 - Are people over-fixated on data?09:04 - Is Geopolitical analysis useless?16:43 - Making assumptions19:38 - The challenges with data28:36 - Indicators of volatility32:26 - Quantifying the fundamental value37:02 - Having an edge in oil45:27 - Understanding the CRT Report49:17 - Oil price - a play on the dollar?52:27 - An indicator for the state of the...