23 min listen
Pierre Andurand on What Europe Needs to Do This Winter
FromOdd Lots
ratings:
Length:
50 minutes
Released:
Sep 26, 2022
Format:
Podcast episode
Description
Europe is facing an energy crisis and there are some dire predictions about how it will deal with the upcoming winter, when demand for electricity and heating oil are expected to surge. But commodities trader Pierre Andurand sees a path for Europe to survive without Russia's fuel. He suggests that LNG imports can make up a significant amount of lost Russian oil and gas, while simple actions like turning down the thermostat and turning off the lights, can make a big difference to the region's overall supply and demand imbalance. He also talks about the "broken" oil market — where prices may move by $10 on seemingly little news — and how that's impacted his own trading. See omnystudio.com/listener for privacy information.
Released:
Sep 26, 2022
Format:
Podcast episode
Titles in the series (100)
Episode 5: 6,000 Years of Interest Rates: Episode 5: 6,000 Years of Interest Rates by Odd Lots