Markets in Motion: A cross-commodity review every Thursday

With over 25 years of trading and broking experience in the energy market, joined Kpler in 2022 as Head of Market Engagement for Europe, Middle East, Africa and Asia. Works closely with clients providing advice and support across the energy sector, leveraging data and analytical tools to offer expert counsel on market trends and opportunities. Was instrumental in supporting the launch of the AG fuel oil derivative contract in 2016 and continues to advise traders, exchanges, and PRAs. Career includes positions as trader for Trafigura, director at Nigerian energy company Oando, and director at brokerage house Starfuels. Regularly appears as energy commentator for newspapers, radio, television and newswires, and sits on various industry panels.

JP joined Kpler in June 2024 and leads Kpler Insight’s analytics in North America, South America, and the Middle East. JP began his career as an upstream oil & gas analyst, creating economic models of individual oil and gas fields in Oceania and the US. He then spent nine years on the LNG & Natural Gas consulting team at Poten & Partners, where he worked on projects for myriad industry players. In particular, JP was heavily involved in commercial and market due diligence for nearly every North American LNG project. JP is based in New York and holds a BSc in Geological Engineering from Colorado School of Mines.

Michelle Brouhard is the Head of Policy and Geopolitical Risk at Kpler, with over 20 years of experience trading global oil, natural gas, and power markets. Her work sits at the intersection of policy and markets, where she has expressed geopolitical and sanctions risk directly through portfolio construction, positioning, and risk management. She recently completed a Master’s in Global Policy at Johns Hopkins University’s School of Advanced International Studies (SAIS), where her work focused on energy security, climate policy, and economic competitiveness within the Energy Trilemma framework.

Amena Bakr is the Head of Middle East Energy & OPEC-plus research at Kpler, based in Dubai. She leads oil market analysis, OPEC policy research, and risk assessments in the Middle East. Previously, she was a senior research analyst at Energy Intelligence Group and served as Chief OPEC Correspondent and Dubai Deputy Bureau Chief for eight years, earning multiple journalism awards, including the 2023 OPEC award for best journalist. She also worked as an Energy Correspondent for Reuters in Dubai, Doha, and Riyadh, covering energy and political risk. Amena holds a BA in Business Administration from the Arab Academy for Science, Technology & Maritime Transport in Egypt, with a major in management information systems.

Alessandro Armenia leads Kpler's Power Analytics team. He holds 3 nationalities and speaks 5 languages (Italian, Spanish, French, Portuguese, English). He earned a BSc in physics engineering from Politecnico di Milano and a master's in Energy Engineering from IST Portugal and École Polytechnique France. Before Kpler, he worked at TotalEnergies as a CCS analyst on modelling and techno-economic analysis. He also hosted the InnoStation podcast for 2 years, interviewing 15+ energy startup CEOs. At Kpler, Alessandro develops Power Insights (technical reports, articles, price forecasts) and presents to clients. His expertise covers European power markets, especially short-term and balancing markets in the CWE region.

Roslan is the Principal Heavy Distillates Analyst in Kpler's Insight team with over a decade of experience in the energy industry, particularly in Asia and the Middle East. He began his career as a freelancer across Southeast Asia, Middle East and Central America, then as a Reuters energy journalist in Singapore specialising in global fuel oil markets, as well as middle and light distillates, crude oil and shipping. He moved into analytics in 2022 and leverages data and market intelligence to deliver sharp insights helping clients identify critical risks and opportunities. Roslan is based in Singapore and holds an MSc in Finance & Investments from Rotterdam School of Management. He is fluent in English, Arabic and Bulgarian.

Victoria is part of Kpler's crude analysis unit within the wider research team, covering crude supply and demand dynamics, flows, and developments on the African continent. She is currently based in Vienna, Austria.

Matthew Wright is the Lead Freight Analyst at Kpler. In his role, he leads on providing clients with expertise, analysis and research on the freight markets. Prior to Kpler, Matthew was a Senior Tanker Analyst at SSY ship brokers, where he was responsible for analysing oil tanker markets, leading the development of new models and handling consulting inquiries. Matthew has extensive oil market experience from seven years in consulting at Argus Media where he worked on a range of single client projects before moving on to manage the delivery the subscription reports focusing on freight, crude and refined products.

Matt joined Kpler’s Insight Team in January 2025 as a Grains & Oilseeds Analyst, based in London. Prior to Kpler, Matt was a Cereals & Oilseeds Analyst at the Agriculture and Horticulture Development Board (AHDB), conducting both domestic (UK) and global analysis of the respective grains and oilseeds markets. Before becoming an analyst at AHDB, Matt acquired a Masters of Science in Agricultural Economics at the University of Reading. At Kpler, Matt contributes to the Insight reports and conducts supply and demand analysis to support on the grain balance sheets.

Homayoun brings over 11 years of experience in theoil and gas industry, with a strong track record inmarket analysis and strategic insight. ​He leads Kpler’s crude oil analysis team, managing ateam of analysts focused on global oil marketdynamics, from supply and demand fundamentals togeopolitical drivers.​ Homayoun frequently delivers insights to globalclients and speaks at major industry events.​ Homayoun holds an MSc in Energy Management fromESCP Europe and an MA in MENA Geopolitics fromSciences Po Grenoble. He is fluent in Farsi and French and is based in Paris, France.