Khalid: Oil Derivatives Market Volume Reaches 20x Physical Production
Matein Khalid · Global Investor Matein Khalid On World Economy | The Neon Show · Dec 20, 2024 · at 40:05
Asset manager Matein Khalid compares physical crude oil markets with financial derivative volumes to demonstrate the primacy of capital markets.
0:00 / 0:25exact quote · 25.7s
▶ Watch the full episode on YouTube → 720p mp4 · rendered on demand · StarZero watermark
“The world you know, the red barrel market, which means the physical oil market, tankers going from one country to another, from Saudi Arabia, Saudi Aramco to India, or Taiwan, or Japan, or Singapore, about a hundred and three million barrels a day. But, The amount of oil traded in the futures, options, swaps, and over-the-counter derivative markets in the world, 20 times that amount.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Matein Khalid
Khalid: US Government Cannot Cut Medicare, Social Security, or Defense
“No matter what Elon Musk or anybody else says you simply cannot cut Medicare, Medicaid, Social Security defense spending or thing.”
Khalid: Biden White House Approved the Gautam Adani Indictment
“Obviously, the SEC and the Justice Department do not accuse a very prominent businessman. I mean, let's face it, he's no ordinary businessman, right? On such a public forum to bring a, you know, a criminal indictment, right? Without having consultations with t…”
Khalid: Hamas Is No Longer a Military Threat to Israel
“Hamas' military capacity, and therefore its capacity to pose any kind of a military threat to Israel from Gaza, other than random acts of terror, right, has, It has been done at a horrific cost, of course, at a horrific human cost. But Hamas is no longer a thr…”
Khalid: India Will Favor Musk's Starlink Over Domestic Telecoms
“If you give me a sort of a, if I was a betting man, I'd bet that they will probably tilt towards Elon, right?”