In World of Oil Derivatives, Greg Newman breaks down the inner workings of financial oil markets and how to navigate their intricacies. Whether you are looking for a better understanding of the market’s evolution or some help with trading—this book is the ultimate guide to one of the world’s most complex and opaque industries.

After three years of turmoil, oil markets continue to grip the world's attention with unprecedented negative prices to inflation inducing highs. Meanwhile, the global economy has become increasingly financialized. Sagas like the short squeeze on GameStop and rampant speculation on cryptocurrency have become the market norm, and markets have been driven away from their traditional fundamentals and into the hands of the collective market sentiment. The financial oil markets have grown so much over the last decade, they are now recognized as the driving force behind what sets the world’s largest traded commodity. Often described as "opaque", this financial market is still widely misunderstood with little research or literature available. This book fills that void, with a comprehensive look at the architecture of the financial oil market and a guide to navigating its intricacies. World of Oil Derivatives will resonate with newcomers to the oil market but will also educate a wider audience: traders, policymakers, and journalists seeking to understand this area of growing importance.