Morgan Downey

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Morgan Downey is an Irish-born New York-based American commodities trader and acknowledged authority on the financial aspects of the oil industry.[1][2] His views about price fluctuations and trends in the oil market have been reported in numerous publications.[3][4][5] He is the author of Oil 101.

Biography[]

Downey was born in Ireland, studied finance at the University of Limerick, and moved to New York City after college.

His 2009 book Oil 101[6] is an overall guide to the oil industry with information about how oil prices are determined in global wholesale markets.[6][7] According to the Wall Street Journal, the book covers the "technologies and systems related to oil exploration, production, refining, distribution and more."[8] Reviewer Robert Rapier described his book as detailed and comprehensive and a resource for persons wanting to understand the oil industry.[9]

In February 2014, Downey was appointed as the chief executive officer of financial data vendor Money.Net, described as a real-time market information platform for investors.[6] Before Money.net, he was Global Head of Commodities at Bloomberg LP where he managed development and content of the Bloomberg Professional terminal as well as moderated panel discussions on industry topics.[6][10] Before that, he spent 15 years[11] as a commodities trader for banks such as Standard Chartered Bank,[1][2][6] Bank of America[6] and at Citibank[6] in US, UK, Australia, and Singapore.[11]

References[]

  1. ^ Jump up to: a b ANDREW JOHNSON JR. and GREGORY MEYER (March 20, 2009). "Oil and Gold Rally; Is It Overdone?". Wall Street Journal. Retrieved Sep 12, 2014. ...Crude oil ... could spur airlines and other consumers to start hedging fuel costs more aggressively ... said Morgan Downey, a director and commodities trader at Standard Chartered in New York....
  2. ^ Jump up to: a b GREGORY MEYER (Nov 28, 2008). "Oil Rises 7% Ahead of OPEC". Wall Street Journal. Retrieved Sep 12, 2014. ..."The numbers are still weak, but getting less weak as time goes on," said Morgan Downey, head of commodity trading in the Americas for Standard Chartered....
  3. ^ BRIAN BASKIN (Feb 16, 2009). "Fueling a Widow Maker: Fuel-price spreads may trip up investors in oil and gas futures". Barron's. Retrieved Sep 12, 2014. ..."Now there's more spare capacity in the global refinery system, and demand has fallen... says Morgan Downey, head of Americas commodities trading at Standard Chartered Bank in New York....
  4. ^ Chris Kahn of the Associated Press (July 29, 2009). "Oil Prices: Gauging the Speculator Impact". Business Week. Retrieved Sep 12, 2014. ..."If you start to restrict the market, it's hard to see what that achieves," said Morgan Downey, a commodities trader for Standard Chartered Bank ...
  5. ^ David J. Unger (October 25, 2013). "Oil prices fall below $100. Still good for US economy?". Christian Science Monitor. Retrieved Sep 12, 2014. ..."Fracked oil is high cost oil," Morgan Downey, a commodities trader based in New York, writes in an e-mail. ...
  6. ^ Jump up to: a b c d e f g Faye Kilburn (5 Feb 2014). "Money.net Nabs ex-Bloomberg Commodities Head as CEO: New York-based low-cost financial data display provider Money.net has hired Morgan Downey as chief executive, responsible for all lines of business and functional groups within the company". Inside Market Data & Waterstechnology magazine. Retrieved Sep 12, 2014. ...Before joining Money.net, Downey served as global head of commodities at Bloomberg, ... he ran trading desks at Citibank, Bank of America and Standard Chartered... He is also the author of Oil 101....
  7. ^ Edward L. Morse (December 4, 2009). "What to Read on Oil". Foreign Affairs magazine. Retrieved Sep 12, 2014. .Oil 101. By Morgan Downey. Wooden Table Press, 2009. ...Morgan Downey's Oil 101 is a primer on oil as both a physical commodity and a financial instrument. ..
  8. ^ Michael Totty (Oct 18, 2010). "Our Thirst for Oil: A Deeper Dive". Wall Street Journal. Retrieved Sep 12, 2014. ...."Oil 101" -- By Morgan Downey -- ... for the educated reader, journalist, political decision makers and others who need to understand the technologies and systems related to oil exploration, production, refining, distribution and more. There is also a good section on petrochemicals production...
  9. ^ ROBERT RAPIER (Apr 27, 2009). "Book Review: Oil 101". Energy Trends Insider. Retrieved Sep 12, 2014. ...Oil 101, by Morgan Downey, is without a doubt the most detailed and comprehensive book I have ever read on the oil industry. ... I am not aware that another book like this even exists...
  10. ^ Bloomberg News (March 14, 2014). "Cooper, DiRienzo, Lee, Raithatha Link Panel". Business Week. Retrieved Sep 12, 2014. ... Bloomberg's Morgan Downey moderated the panel yesterday at the Bloomberg Link Precious Metals Conference in New York. (Source: Bloomberg)...
  11. ^ Jump up to: a b "Morgan Downey » CFA Society New York". CFA Society New York. 2017-05-04. Retrieved 2020-11-16.

Further reading[]

  • Morgan Downey (2009). Oil 101. ISBN 978-0-9820392-0-5.

External links[]

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