What is this?
A weekly report on the oil market. I cover what’s driving price, where positioning sits, what the macro backdrop looks like, and where the trade opportunities are. No filler. No newsletter fluff. Just the stuff that matters if you’re trying to stay on the right side of crude.
Who reads this?
A mix. Traders, fund managers, energy analysts, risk desks. There are subscribers at OPEC, Exxon, Shell, Glencore, Vitol, Trifigura, Citi, Morgan Stanley, and Schonfeld on the list among many oil drilling and services companies. There are also independent traders and people who just want to understand oil markets properly without wading through noise. Both are welcome.
Free vs paid - what’s the difference?
The free report gives you my macro view - the geopolitics, the narrative, the big picture. A lot of people read it just for that.
The paid report is where the work is. Proprietary COT analysis from our in-house tool, trade levels and scenarios, calendar spread structure, the shut-in tracker, and video briefings. If you trade oil, hedge energy exposure, or allocate around commodities - that’s the part you need.
Who am I?
Tim Duggan. 20+ years in markets. Started trading tech stocks after the dot-com crash, moved into futures, ended up in oil. Traded at Geneva Trading and Genesis Capital before going to Amplify Trading in London where I was a senior prop trader and mentor. Now I run Duggan Capital out of Ireland- discretionary oil and gas futures and calendar.
Before I traded full-time, I spent a time in oil and gas tech - drilling software, upstream investment, business development. I have written papers for The Society of Petroleum Engineers and industry publications. I know the upstream side as well as the price side. That matters when you’re trying to figure out what’s real and what’s noise in energy markets.
The report is produced in partnership with Newsquawk - paid subscribers get discounts on their terminal.
More about me here.
Based in Ireland. Contact: info@duggancapital.com
Disclaimer & Disclosure
This publication, including The Oil Report, is produced independently by Tim Duggan & Duggan Capital. It is intended solely for informational and educational purposes.
Not investment advice or research. Nothing contained herein constitutes investment advice, a personal recommendation, a solicitation, or an offer to buy or sell any security, futures contract, commodity, or derivative instrument. This publication is non-independent commentary and does not constitute “investment research” as defined under the EU Markets in Financial Instruments Directive II (MiFID II). No content is tailored to the financial circumstances of any reader.
Regulatory status. Tim Duggan and Duggan Capital are not authorised by the Central Bank of Ireland to provide investment services or advice, and are not registered with any other regulator as an investment adviser, broker-dealer, or financial planner. For US readers, this publication operates under the publisher exemption recognised under Section 202(a)(11)(D) of the U.S. Investment Advisers Act of 1940, as a bona fide financial publication of general and regular circulation providing impersonal market commentary.
Risk. Trading futures, commodities, crude oil spreads, and other derivatives involves a high degree of risk. You can lose more than your initial investment. Past performance and any hypothetical scenarios described in this publication are not indicative of future results.
Position disclosure. The author actively trades crude oil, refined products, and related derivatives in a professional capacity. Positions in any instruments discussed may exist at any time and may change without notice. This constitutes a continuous conflict of interest and readers should factor it into their assessment of all content herein.
Sources. Information is drawn from a range of sources believed to be reliable. Including but not limited to the IEA, EIA, OPEC, Kpler, Vortexa, Bloomberg, Reuters, and other industry, regulatory, and market data providers, but is not warranted as to accuracy or completeness.
Intellectual property. © Duggan Capital. All rights reserved. The content, structure, and analytical frameworks of this publication, including the NACHO trade, TACO framework, and Petrodollar Protection series, are the original work of the author. No part of this publication may be reproduced, redistributed, forwarded, republished, or used to train or develop AI or machine learning models without express written permission from Duggan Capital. Paid subscribers are licensed for personal use only.
Jurisdiction. This publication is distributed globally from Ireland. It is the sole responsibility of the reader to ensure that accessing and acting on this content complies with the laws and regulations of their own jurisdiction. This publication is not directed at U.S. persons for the purpose of soliciting managed accounts or investment advisory services.
Contact: info@duggancapital.com
