The Future of AI in Commodities Trading – eBook 3

February 21, 2025
|  By Patrick Bangert, Tristan Fletcher and Jack Nugent
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Throughout this eBook series, we’ve explored how the democratisation of data is reshaping commodities trading. In the past, success in this industry relied on exclusive access to information through personal networks, political influence, and on-the-ground logistics. But times have changed.

As highlighted in our first edition, the rise of alternative data sources, such as satellite imagery and maritime transponder data, has transformed the trading landscape and levelled the playing field. Today, anyone with an internet connection can access a wealth of information on everything from crop health to oil pipeline flows, and mining operations. 

As we explored in our second edition, your competitive edge no longer hinges on simply having access to data, but on the strength of your data foundations and your ability to turn the overwhelming flow of information into actionable insights. This is more important than ever in a world where geopolitical tensions, economic uncertainty, and the energy transition are making markets more volatile, attracting new players like banks and tech-focused trading 

In this final edition, we explore the last piece of the puzzle: artificial intelligence (AI). In a world of information overload, all eyes are on AI’s ability to unlock the insights hidden in the data, giving businesses an edge in an increasingly competitive landscape.

Featuring insights from current and former employees at: Oxy – Alpiq – H2O Asset Management – Tradavex – ChAI



About the authors

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Patrick Bangert

Patrick Bangert is the VP and Chief of AI at Oxy, a global energy company and one of the largest oil producers in the US. With 20+ years of experience in the energy industry, Patrick oversees hundreds of AI projects at Oxy, ensuring they deliver true value to the business.

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Tristan Fletcher

Tristan Fletcher is the CEO and Co-founder of ChAI. ChAI helps mitigate commodity price volatility for buyers and sellers of commodities by forecasting their prices using both traditional and alternative data.

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Jack Nugent

Jack Nugent is the Director of Tradavex, a strategic advisory firm, that sits at the intersection of technology and commodities.