The HC Commodities Podcast

A Song of Fire and Maybe Ice: Natural gas in 2026 with Emily Kyne

US Natural Gas is expected to do some heavy lifting in 2026 and beyond. Powering the huge growth in domestic data centers, filling European storage and bridging the gap p

American Renewables: A Markets Story with Julie McLaughlin

The sector  American renewables has undergone policy uncertainty, even whiplash. Challenging a sector already impacted by rising interest rates and infrastructure back-lo

Trapped in Hormuz: Total War or a New World Disorder? with Jeff Currie

Ultimately, the US faces a stark binary choice: defeat Iran or retreat. Both carry profound implications for the post-war Bretton Woods order that has shaped modern econo

Sand: The most important commodity in the modern world with Vince Beiser (Summer Repeat)

Sand has transformed modern civilization. It is the ubiquitous commodity; in our infrastructure, in our industry and even in our personal care products.  Yet due to its c

The Coming El Niño with Michael Ferrari

Today we discuss El Niño - the dramatic, periodic, shift in climate patterns, that depending on intensity and duration can have profound impacts on our world, economies,

Real-Ekonomik: The Iran War's Longevity with Nick Kumleben

We return in a special episode to the Iranian-US war to discuss how "Real-Ekonomik" is shaping realpolitik. Nick Kumleben, Director at Greenmantle, the geopolitical risk

Chip War: how semiconductors became the new oil with Chris Miller (summer repeat)

Semi-conductors, microchips, are the new oil - the scarce resource on which the modern world depends. Today, military, economic, and geopolitical power are built on a fou

The Price of Money with Edward Chancellor (Summer Repeat)

Today, we are talking interest rates. The rate of interest, or the price of money, has a profound impact on the energy and commodities sector, influencing the cost of car

Solar Flares and Coronal Mass Ejections with Edl Schamiloglu (Summer Repeat)

In this episode, we discuss geomagnetic storms, extreme electromagnetic events known as coronal mass ejections that would destroy every satellite around the planet, wipe

Whale Oil with Eric Jay Dolin (Summer Repeat)

In 1859, illumination throughout the major metropolises of the West was powered by whale oil. Whale oil was at the center of international trade (and trade disputes). Pri

De-Dollarization, Debasement & Diversification: Precious Metals with Nicky Shiels

Today we discuss gold, silver and the platinum group metals. What drove the huge run-up in prices for all of them in 2025 and into 2026, and was the US-Iran war just a se

Data Centers aren't the bubble with Eugene McGrane

Today we return to the subject of data centers. Are we in the midst of a huge AI bubble? And building over capacity in data centers that are destined to end up as dusty s

Why is oil so cheap? With David Wech

Today, we return to the subject of oil and the impact of the Iran War. How have flows and demand changed and why are prices so relatively low? Is this a function of great

Digital Assets and the Blockchain Renaissance with Joe Miscioscia

Today we return to digital assets, quant trading and blockchain infrastructure. Since we last checked in on the space in the wake of FTX's collapse, digital assets, crypt

The Great CapEx Surge with Erikhans Kok

The world is shifting from asset light and infinitely scalable to asset heavy. Across the globe, trillions of dollars are going into assets. Capital expenditure is on the

Unearthing Alpha with a Metals Hedge Fund, with Matt Heap

Today we return to the subject of hedge funds in commodities, and metals and mining in particular. How have hedge funds evolved with respect to commodities? What do inves

No Peace, No War and No Flows with Aldo Spanjer

The conflict remains in suspended animation with little concrete progress to support the more optimistic assessments of a return to normality. Commodity markets are on a

Sulphurous Times with Meena Chauhan

Sulfur is a lynchpin commodity, connecting the oil and gas industry to food production and much more. Already in a structural supply deficit, now, nearly half the world’s

Sanctions Strait Talk with David Tannebaum

The dark fleet was on the ropes with enforcement risking military boardings after Venezuelan oil sanctions started to be lifted. Then with the attack on Iran, business st

Commodity Trading’s Bumper Q1 with Archie Hunter

Today we have Archie Hunter, journalist at Bloomberg who covers commodities, joining the show to get his take on current events, as well as the recent FT Global Commoditi