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Pierre Andurand on What Europe Needs to Do This Winter

Pierre Andurand on What Europe Needs to Do This Winter

FromOdd Lots


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)

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.