Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Eric Rosenfeldt
2 June 2016
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

The gains and pains of an oil trader

In the first of a six-part series from our man overlooking the bullpen, we follow the trials and tribulations of following the markets

This article is the first of a six-part series, "A day in the life… of an oil trader" AFTER being involved in the market for 15 years it’s instinctive to wake up at a certain time of the night and check where oil-futures markets are trading and scan the newswires. I normally wake early to go to the gym, which helps clear my mind and I can focus on what needs to happen over the next 12-14 hours. I get to my office and fire up my screens. The operations group will report how much inventory actually moved overnight versus what was forecasted. Today, it comes in above forecast. I have to buy back futures contracts in four different accounts, all refined products. Futures are up on the day which

Also in this section
Venezuela mismanaged its oil, and US shale benefitted
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
Outlook 2026: From wells to wafers – How MENA is powering the new energy–data nexus
Outlook 2026
14 January 2026
Leading economies in the region are using oil and gas revenues to fund mineral strategies and power hyperscale computing
Outlook 2026: Peru 2026 – A confident step into a new energy era
Outlook 2026
14 January 2026
The South American country offers stable, transparent and high-potential opportunities and is now ready for fresh exploration and partnership
Europe’s rising energy security challenge
13 January 2026
Across Europe, countries have grappled with balancing ambitious energy transition plans with realities about security of supply

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search