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Every narrative we've ever published, searchable.

Essay series
Trading Operations3 essays

A running series on the operational backbone of commodity trading: freight, demurrage, market structure, and the data discipline that separates good desks from great ones.

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The Trading Professional6 essays

A six-part series on building a durable career in commodity trading: future-proofing your skills in an AI-first market, moving from trader to desk head, navigating ETRM vendors, reading the room, and building the reputation and judgment that compound over decades.

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9 essays found
Six Things Commodity Desks Need to Know This Week
Trading, Business & Finance
#8

Six Things Commodity Desks Need to Know This Week

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #8 of The Trading Narrative.

Anish PujariAnish PujariSep 23, 2026 14 min read
Six Things Commodity Desks Need to Know This Week
Trading, Business & Finance
#7
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Six Things Commodity Desks Need to Know This Week

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #6 of The Trading Narrative.

Anish PujariAnish PujariSep 16, 2026 14 min read
Basis Risk in Commodity Hedging: The Risk Your Hedge Does Not Cover
Trading, Business & Finance

Basis Risk in Commodity Hedging: The Risk Your Hedge Does Not Cover

You hedged, prices moved your way, and you still lost money. That is basis risk. The three kinds every desk carries, how they bite, and what managing them actually looks like.

Anish PujariAnish PujariSep 3, 2026 4 min read
Five Things Commodity Desks Need to Know This Week
Trading, Business & Finance
#5

Five Things Commodity Desks Need to Know This Week

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #5 of The Trading Narrative.

Anish PujariAnish PujariSep 2, 2026 14 min read
Hormuz Rewrites the Freight Book, Copper Prints a Record, and AI Learns to Keep an Audit Trail
Trading, Business & Finance
#4

Hormuz Rewrites the Freight Book, Copper Prints a Record, and AI Learns to Keep an Audit Trail

Hormuz rewrites the freight book, copper prints a record, ComTech cuts the CTRM forecast, agentic AI arrives with an audit trail, and REMIT II turns enforcement. Edition #4 of The Trading Narrative, in 5 minutes.

Anish PujariAnish PujariAug 26, 2026 10 min read
Hormuz Stays Shut, OPEC+ Runs Out of Barrels, and the CFTC Questions the Trading Day
Trading, Business & Finance
#3

Hormuz Stays Shut, OPEC+ Runs Out of Barrels, and the CFTC Questions the Trading Day

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #3 of The Trading Narrative.

Anish PujariAnish PujariAug 18, 2026 10 min read
ETRM vs CTRM: What's the Difference, and Which One Do You Actually Need?
Trading, Business & Finance

ETRM vs CTRM: What's the Difference, and Which One Do You Actually Need?

ETRM software manages energy trading across power, gas, and oil, while CTRM covers the full physical commodity lifecycle including metals, agriculture, and freight. A plain-English comparison from twelve years of delivering both, with a practical checklist for choosing.

Anish PujariAnish PujariAug 14, 2026 4 min read
Oil's Sharp Slide, OPEC+ Completes the Rollback, and Smelters Paying Miners
Trading, Business & Finance
#2

Oil's Sharp Slide, OPEC+ Completes the Rollback, and Smelters Paying Miners

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #2 of The Trading Narrative.

Anish PujariAnish PujariAug 10, 2026 7 min read
Five Things Commodity Desks Need to Know This Week
Trading, Business & Finance
#1

Five Things Commodity Desks Need to Know This Week

Your Wednesday briefing on trading technology, markets, risk and regulation, in 5 minutes. Edition #1 of The Trading Narrative.

Anish PujariAnish PujariAug 7, 2026 3 min read