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Tanker Derivatives Lunch

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Bosscat Kitchen & Libations

4310 Westheimer Road

##150

Houston, TX 77027

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Tanker Derivatives Lunch hosted by the FFA Brokers Asociation with the Baltic Exchange Supported by Intercontinental Exchange and CME Group

About this Event

Over the past 12 months, tanker freight rates across the board ranged between extremes with the flagship TD3C benchmark peaking at $300,391 per day in Q3 from a low of $6,167 earlier in May. Big gains were made in FFA volumes with trading houses increasingly looking at tanker derivatives to mitigate freight risk and capitalise on volatility.

Supported by ICE and CME Group, the Tanker Derivatives Lunch brings FFA and oil traders together to exchange views on this fast-growing market.

We are delighted to announce that Mike Wittner, Head of Oil Market Research at ICE will review the 2019 market in brief over lunch and give an outlook for 2020 followed by a 15-minute open discussion on FFA market dynamics.

Open to freight and oil commodity market traders.

Mike Wittner, Head of Oil Market Research, Intercontinental Exchange

Mike Wittner is Head of Oil Market Research for Intercontinental Exchange. Mike joined ICE in 2019. He leads a robust research effort to continuously analyze and anticipate changes in oil market structure and fundamentals. Mike and his team support oil sales and business development at ICE in creating new contracts and evolving existing contracts, to meet the hedging, trading, and investment needs of its customers around the world.

With more than 25 years of experience in oil market analysis and, before that, eight years of experience in the geosciences, Mike has extensive knowledge of the global and regional crude oil and refined product markets, geopolitics, and non-fundamental oil market drivers.

From 2007-2019, Mike was the Global Head of Oil Research for Société Générale Corporate & Investment Banking, where he was a Managing Director. He was directly responsible for short-term and long-term global oil market analysis and forecasting. Mike was ranked in the top 4 for oil market research in 2009-2019, according to Risk and Energy Risk magazines, including seven consecutive years at #1 in 2013-2019. Before that, he held a similar position at Crédit Agricole, as well as senior analytical roles at Koch Supply & Trading, the International Energy Agency, and PIRA Energy Group (now part of S&P Global Platts).

Before getting his MBA, Mike worked as a geologist and project manager for an engineering firm and as an analyst at the Central Intelligence Agency. Mike holds a BS in Geology from Cornell University and an MBA in International Business from George Washington University.

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Location

Bosscat Kitchen & Libations

4310 Westheimer Road

##150

Houston, TX 77027

View Map

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