Markets in Motion: A cross-commodity review

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.

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.

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.

Roslan은 Kpler Insight 팀의 수석 중질 증류액 분석가로 에너지 산업, 특히 아시아와 중동 지역에서 10년 이상 경험을 쌓았습니다.그는 동남아시아, 중동 및 중미에서 프리랜서로 경력을 시작한 후 싱가포르에서 로이터 에너지 저널리스트로 일하면서 글로벌 연료유 시장, 중경 증류액, 원유 및 해운을 전문으로 합니다.그는 2022년에 분석 분야로 옮겨 데이터와 시장 인텔리전스를 활용하여 고객이 중대한 위험과 기회를 식별하는 데 도움이 되는 날카로운 통찰력을 제공합니다.Roslan은 싱가포르에 본사를 두고 있으며 로테르담 경영대학원에서 재무 및 투자 석사 학위를 받았습니다.그는 영어, 아랍어, 불가리아어에 능통합니다.

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.

매튜 라이트는 Kpler의 수석 화물 분석가입니다.그는 고객에게 화물 시장에 대한 전문 지식, 분석 및 연구를 제공하는 일을 이끌고 있습니다.Kpler에 입사하기 전에 Matthew는 SSY Ship Brokers에서 선임 탱커 애널리스트로 일하면서 유조선 시장 분석, 신모델 개발 주도, 컨설팅 문의 처리를 담당했습니다.Matthew는 Argus Media에서 7년간 컨설팅 경력을 쌓았으며, 그곳에서 다양한 단일 고객 프로젝트를 수행한 후 화물, 원유 및 정제 제품에 초점을 맞춘 구독 보고서 배송 관리를 맡았습니다.

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.