Oil prices distorted by Wall St’s computer trading
on July 30, 2011

Crude oil and commodities markets have lost touch with the fundamental realities. This didn’t just happen yesterday, but began a decade ago.
That’s the argument put forward by my co-author, John Richardson, in the latest chapter of our new free eBook, ‘Boom, Gloom and the New Normal – how the Western BabyBoomers are changing chemical demand patterns, again’.
John highlights how the supposedly ‘informed commentary’ that gets widely reported in the media is often focused on boosting income for the trading houses, not market understanding.
I describe some of the issues this raises for chemicals in the above 3 minute interview with ICIS’ Will Beacham.
We are delighted with the support we are receiving for the free eBook. Please click here if you would like to download Chapter 3.

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