Crude Global Transcript
I’m Tony Dilllon, I head up the ICIS world crude reporting team.
From our offices in Singapore, London and Houston we provide round the world coverage on the oil markets.
We monitor the futures exchanges of the Nymex, ICE futures and the Dubai mercantile and track price movements during the day.
We give commentary on what drives these prices whether it be global economic data from the power house US and Chinese economies, the strength of the US Dollar in the currency markets, supply and demand data like the weekly US stock data and any other various geo-political factors which could change the price of the oil during the day.
We also monitor the physical markets in the main regions of the world, the Asia Pacific, Arab Gulf, North Sea, CIS, Mediterranean, West Africa, the Americas.
We talk to our extensive list of contacts throughout the industry every day, finding out who is buying, who is selling, what the latest prices are, deals done, the bids, the offers, and then asses the major traded grades in each region every day.
As well as this, we provide other data that traders find essential, the supply programs, the disruptions to supply, official prices, all sorts of things that make our report necessary for every trader.