APPEC, LNG Strikes & Psychological Levels |S5 E24

World of Oil Derivatives

The Onyx Research team: Audrey, Martha and Vincent join CEO Greg Newman for a market update. Vincent discusses his first attendance to APPEC and the headlines that have since come out about trade houses and majors signalling bullish again after a lull this year. Which leaves us asking the question; what does Q4 hold?

The LNG plant strikes in Australia saw workers at Chevron (which accounts for 5% of global supply) walk off the job on Friday after talks broke down. Martha poses an interesting question; is a strike a big enough threat to weaponize energy prices?

Greg and the team analyse how the LNG Strike can affect psychological levels, influence how people set their targets and change how people take profit or stop out, shedding light on what this might mean for the market in the next five years.

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