The CEO's Address with Greg Newman | The Snobbery of the West

Group CEO Greg Newman discusses the challenges and evolving landscape of the oil derivatives market. He highlights the central role of exchanges in price discovery and liquidity, noting that these exchanges have become the heartbeat of the market. Greg also reflects on the historical dominance of Western financial centres in oil trading but suggests that the future may shift towards other regions, particularly the East. He cites the example of ADNOC's Murban contract and recent moves by Saud...