Rory Johnston

Erik Townsend and Patrick Ceresna welcome Rory Johnston to MacroVoices. Erik and Rory discuss:

  • Will the supply/demand levels return to pre-pandemic levels?
  • What to expect from Guyanese offshore oil
  • Shale growth – how high can it go?
  • China re-opening and its impact on energy market
  • EU’s embargo on Russian oil 
  • Purpose of SPR  

Download the podcast transcript: [Click Here]

We strongly recommend that you download the chart book that accompanies this episode, as Erik, Patrick and Nick will refer to it throughout the postgame segment. If you are already registered at MacroVoices.com, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Supporting Materials for Download are listed below - click to open or download.

Commodity Context 

A Concrete Plan to Bring the Price of Oil Down – Bloomberg Odd Lots Podcast June 22, 2022 

New Guyana On The Block - Commodity Context 

Oil Context Weekly (W44) - Commodity Context 

Global Oil Data Deck (Oct '22) - Commodity Context 

Oil Will Trade Flat To Down Until Biden Backs Down & China Re-Opens - Blockworks Macro 

Big Picture Trading Chart Book November 10 2022

Rory Johnston is the founder of Commodity Context, a market research firm specializing in the oil & gas market and publishing on Substack. He also works as Managing Director and Market Economist at Price Street, a Toronto-based family office, and as an instructor at the University of Toronto’s Munk School of Global Affairs and Public Policy. Rory has spent the last decade researching energy systems and until recently led commodity economics research at Scotiabank; his views are regularly sought by media, industry, and government.