Oil fuels the modern world; it forms the backbone of everything from vehicle propulsion to electricity generation to the creation of petrochemicals and plastics. Kurush Mistry, a proficient expert in oil analysis, has a profound understanding of oil’s pivotal role in the all-encompassing energy matrix.
Kurush embarked on his path to becoming an oil connoisseur amidst the turmoil following the financial crisis. This turbulent period demanded a keen eye and critical thinking skills, which he had cultivated in his prior roles in Interest Rate Research.
An Educated Mind
Mistry’s intellectual journey began in India’s bustling city of Chennai, where he pursued a Commerce degree before becoming a Chartered Accountant. This feat saw him rank amongst the nation’s leading performers in all three qualifying exams. His thirst for a broader knowledge base led him to the Indian Institute of Management, Ahmedabad. Here, he obtained his MBA, focusing on Finance.
Kurush Mistry’s Foray into Oil Analysis
Kurush’s first major stint in oil analytics began in 2009 when he became a significant part of a leading oil trading firm’s efforts to expand their analytics capabilities for its gasoline and diesel teams based in the United States.
In 2014, Kurush joined Freepoint Commodities as its sole oil analyst. Over his nine-year tenure, Kurush contributed significantly to the establishment of a robust global oil analytics framework for the company.
Incorporating alternative data into his analysis, he closely collaborated with over 25 traders, imparting insightful market intelligence, accurate supply-demand forecasts, and innovative trade ideas.
Kurush’s insights into oil analysis are grounded in several key areas:
- A thorough understanding of the fundamentals of oil markets.
- Knowledge of refinery operations, economics, and trade-offs.
- Detailed modeling of local and global supply-demand for different refinery products.
- Recognizing the critical drivers of asymmetric trading risks.
- Experience dealing with various event risks and understanding their impact on operational, geopolitical, or weather-related markets.
Kurush’s domain covers products across the oil spectrum, including Crude Oil, LPG, Gasoline, Fuel oil, and Refinery margins. In 2022, understanding the growing significance of renewable fuels in the energy equation, Kurush broadened his expertise to include Sustainable Aviation Fuel, Renewable Diesel, Ethanol, Biodiesel, and US Soybean Oil.
Mistry’s Significant Analyses
Critical analyses that Kurush has undertaken during his career include the Fukushima disaster, IMO2020, the COVID-19 pandemic, and the Russia-Ukraine conflict. Mistry’s analyses helped navigate the impact of these global events on the dynamics of the oil markets. Each provided unique challenges, including the disruption of nuclear energy production, regulatory changes affecting oil markets, major disruptions to working and commuting practices, and geopolitical tensions causing market disruptions.
Each instance highlighted Kurush’s ability to adapt, innovate, and provide insightful market analysis in the face of varied and unpredictable circumstances.
This journey through Kurush Mistry‘s career underlines his profound understanding of oil as a critical player in the global energy calculus and his outstanding contributions to oil analysis. His many successes, which have changed the landscape of oil analytics, serve as a testament to this industry veteran’s expertise.
Published by: Holy Minoza
