Historic oil… WSJ – Commodity Research Group

March 12, 2020 by Jim Colburn Leave a Comment

Joe Wallace and David Hodari, WSJ, have a nice quote from Saad Rahim, here…

““This is a once-in-history demand shock being met by a once-in-a-generation supply shock going the other way,” said Saad Rahim, chief economist at commodities trader Trafigura. “This virus is directly affecting travel and movement in a way we’ve not really seen before.””

And, here are freight rates:

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

Reader Interactions

Leave a Reply Cancel reply