Futures Radio Show
Futures Radio Show
May 30, 2019
Oil is the Economy – Art Berman
Play • 49 min


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  1. Oil is the Economy
  2. What Oil is Telling us about the U.S. Economy
  3. Geological Insight on Oil Markets
  4. Importance of Oil Quality
  5. Open Interest in Energy Markets
  6. Unraveling of the OPEC Plus Production Agreement


Art Berman

Director of Labyrinth Consulting Services, Inc

Record Date:  5/20/19

Rapid Fire:

Q. What Trader has influenced your life the most and why?
A. No trader in particular, but once he met Active Traders that changed the way he thought about his whole profession.    

Q. What was one of the hardest things for you to overcome being a geologist?
A. It’s not really about rocks or oil…its money and the economy…it’s really about making money. 

Q. How has your process covering the energy markets evolved over the years?
A. Spends more time analyzing information that has nothing to do with geology. 

Q. What is one attribute that you believe every geologist should have?
A. An understanding of the global picture & how their product fits into the way that the world thinks about it and uses it.

Q. Favorite Book About Energy Markets?
A. Energy Transitions – Vaclav Smil

Q. Favorite Movie about Trading?
A. The Big Short

Q. If you can give a piece of advice to the younger you, what would it be?
A. Pay more attention to the people that participate actively in the global marketplace. 

Q. If you had to elevator pitch me your edge geological consultant, what would it be?
A. I don’t consult on geology, I consult on economic trends that are founded and motivated by geology and oil.

Q. Favorite thing to do when not working?
A. Read, Run, be with Family

Art Berman’s Resources:

If you enjoyed this interview with Art & the topics discussed — be sure to listen to these other episodes with
Tracy Shuchart & Yra Harris ~And~ Erik Townsend

Trader Talk With Tracy Shuchart And Yra Harris

Trading Macro – Erik Townsend

Futures Radio is a weekly talk show hosted by 20-year futures veteran and CME member Anthony Crudele, an ex-pit trader and one of the first to trade the E-Mini S&P. Each week Anthony talks with traders, CEOs, and other proven market participants about relevant trading and investing information.


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