It has been a challenging period for Mexico’s energy sector, waiting on the 2018 election and subsequent assumption of power by the left-leaning Andres Manuel Lopez Obrador in December. There remains significant uncertainty of whether energy reform will continue or be stopped in its tracks.
The oil trading sector’s continuing move toward process automation is triggering a migration of talent to digital service providers
The situation surrounding regional supply tenders in Latin America offers a live illustration of the majors and refiners moving into third-party trading as traders reach for asset-backed business
The oil space was marked by change in 2018, with trading companies shifting focus to asset-backed business and big producers moving into trading, driving talent reshuffles across the industry.
The oil-trading sector is in a state of overhaul as companies realise the need to re-tool operations in response to a market in the grip of structural change
With IMO 2020 drawing closer, some dry bulk and shipping firms are realising that the time has come to bring oil trading talent in-house.
Ice Brent crude recently rose above $80/bl for the first time since late 2014, increasing oil producing companies’ profitability
China launched a yuan-denominated crude futures contract in March, possibly setting the stage for change in how oil is traded east of Suez
Some of the big trading houses have been taking increasing stakes in physical assets – including some far downstream from their traditional spheres of activity
The first VLCC to be directly loaded with crude at a US port sailed last week, signalling a deep shift in trading patterns.
Is your business ready for the new reality?
