Awash in Oil – Live with Tracy Shuchart

Published on
March 27th, 2020
Duration
55 minutes

Covid-19 & Macro: The Writing is on the Wall – Live with Mark Orsley


Awash in Oil – Live with Tracy Shuchart

Live ·
Featuring Tracy Shuchart 

Published on: March 27th, 2020 • Duration: 55 minutes

In a world that isn’t moving, the price of oil is likely to move in only one direction – down. As global producers continue to flood the market, we are increasingly facing a situation in which not only are we awash in oil, but are actually running out of places to store it. This is a crisis unlike any other, and, as things deteriorate, the ugly side of markets, international relations, and geopolitics will begin to emerge. To help us better understand the complicated nature of this market and what these low oil prices could mean moving forward, Tracy Shuchart, a wildly successful independent trader that specializes strictly on energy markets, will be joining us on Real Vision Live as we continue to cover the latest market moving events in the time of COVID-19.

Comments

Transcript

  • FD
    Frank D.
    1 April 2020 @ 07:06
    As much as I respect Tracy's view and expertise, it can sometimes be hard to listen to her. Apart from the bad acoustics Anthony has already mentioned, a lot of "you know", "I mean", "ahm". No offense.
    • AW
      Andrew W.
      1 April 2020 @ 17:05
      I found it easy to understand Tracy and didn't even notice. Great talk! Hope to have Tracy on again.
    • SM
      Stephen M.
      12 April 2020 @ 19:44
      I get the impression (and I may be way off the mark) that Tracy is quite shy/nervous on screen. I think she at times loses her train of thought and her amygdala is screaming aaaaaaarrrrrgh! making it difficult to say what she wants. Her extensive knowledge is easily identifiable, though and she's well respected in her subject. If I'm right, I have no doubt that the more she appears on screen, the easier it will become. Awesome content. Theres always something to be learned from Tracy.
  • SS
    Shanthi S.
    10 April 2020 @ 11:24
    This is a comment/question for RV admins. Do you guys still update the app? I can’t find any of this Live video series on there. I only access RV on my phone for various reasons, and often can’t find other content on the app. I’m now watching in a browser on the phone, which is cumbersome, but beats missing video after video. I’m aware of the email notifications, but honestly don’t trawl through every one of them. It would be great if the app content reflected the actual available content, especially for Pro content. Grateful for all you guys do, just want to know if I should just delete the app altogether?
  • SS
    Shanthi S.
    10 April 2020 @ 11:15
    She’s so great! Very generous with her extensive knowledge, on twitter and here. Thanks to Ed too for another great interview.
  • MC
    Michael C.
    3 April 2020 @ 04:17
    Tracey has heaps of experience. Well worth paying attention to her views. She knows what she is doing. Thanks RV.
  • AS
    Arpat S.
    1 April 2020 @ 14:57
    When was this filmed? Is RV not disclosing that date anymore?
    • LM
      Laura M.
      2 April 2020 @ 08:30
      This is a live episode, which streamed on Monday Mar 30 at 4pm (it says that under "Featuring Tracy Shuchart") :)
    • JC
      Justin C.
      2 April 2020 @ 22:02
      I find it very frustrating that the non-live videos no longer show the date they were filmed. For some of the information, that is very important to know
  • PS
    Pavel S.
    1 April 2020 @ 19:51
    Gave up after 5 minutes due to the audio issues on her side.
  • Sv
    Sid v.
    1 April 2020 @ 14:09
    Ed, I have to complement you on your work. You come to these discussions prepared which helps make this time productive
  • SB
    Stephen B.
    1 April 2020 @ 04:12
    Quite a chilling take on Alberta and i think Tracy even overestimates the prospects of getting new west bound pipeline capacity built. B.C.'s attitude to Alberta is like California's to Texas. Not only does BC not feel any obligation to help out Alberta but they feel a positive duty to stop any pipelines being built. Morover, currently, the only oil that heads West is on rail car and I can easily envision a day when BC wakes up to the fact that it is not grain cars crossing the Province and target stopping those too. I feel sorry for Alberta (lived there once) but I think its future as an oil exporter is in doubt.
  • DC
    Dave C.
    31 March 2020 @ 23:47
    "The reason that I say that is even Russia's come back and said, OK, OK. We want to cut now. This is too much pain for us. So for me, it wasn't about getting shale. Shale was collateral damage, in my opinion." I nearly fell off my chair when I heard the above statement from Ms Shuchart. In the intervening 36 hours I have still not found any credible source to back up this assertion. Either RV has quite a scoop on its hands or this is an as yet unfulfilled prophecy from Ms Shuchart. Clarification is called for please.
  • DL
    David L.
    31 March 2020 @ 13:50
    Very good interview. Look forward to her next appearance.
  • AH
    Attila H.
    31 March 2020 @ 12:13
    great interview, and really appreciated the trade ideas.
  • IB
    Ivan B.
    31 March 2020 @ 10:52
    Great interview, thanks for sharing your views Tracy
  • AA
    Anthony A.
    31 March 2020 @ 08:46
    Acoustics in Tracy's room is awful! Hard to hear what she is saying with that slapback going on. Go to a room with some carpet or something.
  • DS
    David S.
    31 March 2020 @ 07:32
    Well done. Lower oil prices will be helpful in CPI during the Coronavirus crisis., Ms. Shuchart is certainly correct that inflation in oil and base metals will be on the agenda once we get through this. Maybe a year or two. DLS
    • DS
      David S.
      31 March 2020 @ 07:54
      What a competent and pleasant person.. Thanks again. DLs