Fear versus excess supply: Commodity manager says big oil swings unlikely for now
Trevor Woods, CIO and co-managing partner of commodities asst manager Northern Trace, says oil is likely in a fairly narrow range in the near term. Meanwhile, he says there are one or two misconceptions in the energy market that need dispelling, including the view that fossil fuel demand is dropping. Video
Commodities Hedge Funds Post Strong Gains for Second Year – Bloomberg
Commodities hedge funds have posted strong returns for a second consecutive year in 2021 as the energy transition created trading opportunities from crude oil to base metals. Read the full article »
Oil Went Below $0. Some Think It Will Rebound to $150 One Day.
Oil markets began the 2020s by nosediving below $0 a barrel for the first time. Investors and analysts are now trying to work out what the rest of the decade holds in store. Some think the bust will set in motion a boom, predicting that investment in oil-and-gas production will dry up and propel crude […]
Recording of Energy Transition Presentation
Listen to the Podcast ‘The Talent Portfolio’ with Dan Waters
Dan Waters is co-managing partner at Northern Trace, a commodity hedge fund. During his long career on Wall Street, Dan ascended to co-lead FrontPoint (along with Mike Kelly). Shortly after, FrontPoint grew to be one of the world’s largest hedge funds. Managing a portfolio is challenging. Investing at a large scale adds yet another complexity: […]