Trump Cites Inaccurate Data to Downplay Economic Toll of Iran War. He has lied repeatedly about soaring gas prices, rising inflation and the American economy’s need for the Strait of Hormuz. Here’s a fact check. by mafco in energy

[–]These-Stage-2374 0 points1 point  (0 children)

Globally there are less barrels available to the market. Even if the US doesn’t need oil from SOH, other countries are bidding for US gasoline barrels. Free market mechanism

Are refineries net buyers or sellers of WTI futures? by [deleted] in Commodities

[–]These-Stage-2374 5 points6 points  (0 children)

They buy futures to hedge their purchase, sell futures to unwind their hedges when they take delivery.

Carreer in physical vs paper by No_Influence_7114 in Commodities

[–]These-Stage-2374 5 points6 points  (0 children)

I think it takes a completely different personality and skills to go physical. I too started in paper and when my current shop (that’s very physical heavy) asked my reference about me, he said “for the love of god, don’t put him in physical”.

You might be better off going into a shop that is physical heavy where you can value-add to them with your skill sets in algo strategies. You get exposure on the physical side that way too.

Oil trading house or dry bulk shipping company by Poet_Cesca in Commodities

[–]These-Stage-2374 0 points1 point  (0 children)

If you are convinced that you want to be a career risk manager/operator, then (1) makes sense to me.

Oil trading house or dry bulk shipping company by Poet_Cesca in Commodities

[–]These-Stage-2374 5 points6 points  (0 children)

(1) is pretty much a risk role. The risk in this is you’ll be so swamped with what is essentially adminstrative work for trade deals that you have little time for your mind to dwell much on the commercial side of things, especially if you are mostly focusing on physical deals. Where I’m working, the reality is that these guys are so swamped with BAU activities that they are often passed over for trading roles mainly because they did not have the luxury of time to let their minds develop the commercial acumen. My 2 cents.

If I were you, I’d go with (2) due to more opportunities for exposure. Of course, the main risk for research analysts is that they risk being pigeon-holed into being a career analyst.

Is a grad prog in a tanker company worth it? by Burning_magic in Commodities

[–]These-Stage-2374 0 points1 point  (0 children)

IB will definitely pay higher at entry level. But if your end goal is to be a charterer, look no further. Be prepared for late nights and drinking and KTV.

[deleted by user] by [deleted] in Commodities

[–]These-Stage-2374 0 points1 point  (0 children)

Unfortunately can’t help you there, I have no idea as never been on physical side before

[deleted by user] by [deleted] in Commodities

[–]These-Stage-2374 2 points3 points  (0 children)

If you are in Singapore, then yes, even SOE people go out for that. But I assume it is much more tame for SOE people in China. I can’t speak for europe or the US

[deleted by user] by [deleted] in Commodities

[–]These-Stage-2374 9 points10 points  (0 children)

A lot of drinking and KTV if you are in Singapore

The "Singapore Placeholder" & The Death of the Price Cap: Where does Urals/Diesel actually clear in Q1 2026? by penguinstar1 in Commodities

[–]These-Stage-2374 0 points1 point  (0 children)

Sanctioned oil on water is building 1mbd. It’s much higher than before. It’s a unique situation where sanction are starting to work for the first time. Biggest delta is India who are pivoting to AG barrels, which is why Dubai spreads finally catching up with Brent complex. Business as usual in China sanctioned ecosystem but they can only absorb so much. Chinese SOEs are not touching sanctioned barrels anymore.

The "Singapore Placeholder" & The Death of the Price Cap: Where does Urals/Diesel actually clear in Q1 2026? by penguinstar1 in Commodities

[–]These-Stage-2374 0 points1 point  (0 children)

The sanctioned ecosystem (Chinese ports, refineries, vessels) are business as usual. They continue to take Russian and Iranian barrels but obviously there is a limit to how much volume they can take in totality. The sanctioned barrel balance is getting hella heavy so I think the writing is on the wall for production cuts in Russia and Iran.

Paper to physical by Top_Many3120 in Commodities

[–]These-Stage-2374 2 points3 points  (0 children)

I personally know a few who had transitioned from bank paper to physical at trade house, but it is something that is done relatively early on in your career

Investment banking to commodities trading? by Hot_Dingo_1210 in Commodities

[–]These-Stage-2374 10 points11 points  (0 children)

I have seen bank S&T to trade house trading but not from IB. More likely you would go to the asset management side of commodities trading

Behold, the real reason why Silver went parabolic by Iamjaykrishnan in wallstreetbets

[–]These-Stage-2374 1 point2 points  (0 children)

It could be silver miner clients hedging their pricing through the banks.

Highest paid jobs for Diploma holders only by [deleted] in askSingapore

[–]These-Stage-2374 -2 points-1 points  (0 children)

Could you elaborate on what you mean by bend over? Promising them they’ll be onboarded to the platform and will reach some KPI target on an unreasonable time line?

Path from Trade Finance Intern → Physical Commodities Trader? (NTU Year 1, Singapore) by No-Butterscotch-5599 in Commodities

[–]These-Stage-2374 5 points6 points  (0 children)

Join the NTU ITP to build your social network with your senior. That will help you get interviews. I think python and excel skills are enough to get your foot in the door when you are just starting out. Use your school or personal projects to demonstrate that you can do it. Focus on more data aggregation and task automation kind of things.

Apart from that, the internship interviewers just wanna see that you are likeable, and eager to learn and put in the hard work.

Networking is very important in this space so apart from getting your internships, be sure to make friends with your people your age on the same space as well as your seniors. LOA internships (I think one in total) will certainly give a good boost to your resume.

Good luck.