Commodity Research Group (CRG) is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct hedging strategies.
In this podcast, oil market experts Andrew Lebow and Jim Colburn discuss key fundamental forces driving oil prices in both the futures and options markets.
About The Schork Group, Inc.
The Schork Group is the energy industry’s foremost provider of price range forecasting and objective market analysis. Professionals in the global energy arena rely on The Schork Group’s research notes and advisory services to improve their economic performance while managing risk.
Using proprietary probabilistic modeling and volatility calculations, the Schork Volatility Based Cones (SVBC) illustrate statistically significant points at which trading/hedging is recommended. These visual representations identify opportunities at which fundamental and technical indicators signal deviations from historical norms.
The Schork Report, the company’s core research note, is the industry’s leading briefing tool that highlights key metrics of import to the energy markets. Subscribers to The Schork Report represent a broad cross-section of the largest and most influential energy producers, marketers, traders, financial institutions, hedge funds, and end-users in the world.
The Power & Natural Gas Weekly Regional Report employs The Schork Group’s proprietary probabilistic models to present 6-year forward price range forecasts.
The Ibis Energy Briefs deliver high-value market intelligence to fuel wholesalers, distributors, retailers, and end-users to optimize their buying/selling strategies. Each issue presents The Schork Group’s proprietary price range forecasts, fundamental, quantitative, and overall bias analysis, talking points, and specific hedging/trading recommendations.
About the Experts
In 2005, Stephen Schork launched The Schork Group, Inc. – a publishing and advisory firm that provides independent fundamental and quantitative analysis of the energy markets, with special emphasis on the impact of geopolitical events on price volatility.
Formerly a proprietary floor trader (Local) in the New York Mercantile Exchange’s energy complex, Stephen Schork has more than 30 years’ experience in physical commodity and derivatives trading, risk systems modeling, and structured commodity finance.
Andrew Lebow has been involved in the energy derivative area since 1980. He began his career with Shearson Lehman Brothers where he worked in the initial formulation and marketing of the NYMEX WTI crude contract in 1983 as well as the NYMEX gasoline contract in 1985.
Mr. Lebow has appeared before the State Government of Alaska as well as the State Department of Defense to discuss hedging techniques. Mr. Lebow is also well known as a market analyst and is quoted frequently in the financial press. He has appeared on television on CNBC, NBC, CNN, CBS, and PBS. Mr. Lebow holds a BA from Lafayette College and an MBA from the Kellogg School of Management at Northwestern University.
Jim Colburn is a futures and options professional with 30 years of wide ranging experience in commodity markets. For much of his career, at Man Financial (1989-2011) and Jefferies LLC (2012-2013), Mr. Colburn worked with major integrated oil companies, hedge funds, pension funds and other entities to develop market hedging and trading strategies.
He has conducted trading, hedging and risk management workshops in energy markets worldwide.
Mr. Colburn is a published author on options trading, hedging, market making and risk management. In 1986, while at the New York Mercantile Exchange, Mr. Colburn helped develop new markets in energy option contracts by educating the oil industry, banks, floor traders and brokers, worldwide.