Matthieu Favas

speaker
190 appearances 2 recordings 1 series first heard Jul 2026 last heard 12 Aug

Matthieu Favas’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
1 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 2 in all, peaking in Aug 2026 with 1.

Appearances

newest first · ▶ plays the moment
There will be also a rush for getting the product now instead of later.
And so you'll have all these differences in price that traders can seek to benefit from.
And so over time, the majors have learned to do that really well, especially the Europeans.
So which companies are we talking about then?
Companies like BP and Shell, which are mostly British.
Total Energy, also known as Toto, which is French.
Ah, Total, no?
Like Total.
And they trade, by our estimate, 40 to 50 million barrels per day of oil and gas.
Relative to?
It's five to ten times more than what they produce.
So it's huge.
It just shows how central trading is to these businesses.
At this moment or in general?
In general.
Yeah, in general.
And probably during this very volatile period, it's been more because they've shifted more barrels.
It's a very, very lucrative activity.
The majors don't publish data for their trading desks on profitability or anything else, really.
It's very secretive.
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