With the conflict in Iran still fresh in the market at time of recording, we decided to talk about the commodity that everyone is looking at: oil. And for South African investors, that means that Sasol comes up as well.

Mohammed Nalla tends to be an oil bull, while The Finance Ghost is only really interested in putting the downstream products in his car. But there's no denying that oil plays a role in global markets, particularly as it has a tendency to spike to $100 in times of crisis.

Perhaps the most surprising insight is this: over the past two decades, the oil majors have done a spectacular job of creating shareholder value despite the oil price showing little in the way of underlying inflation. Their approach of owning the value chain has been the right one.

Today’s Topics:

• The oil ecosystem and the difference between long-term views and tactical trading
• The share price performance of major names like ExxonMobil and Chevron
• Sasol's decoupling from the oil price and how operational improvements could increase correlation
• A quick look at a trade that worked well after a recent Magic Markets Premium show: long Netflix

Get in touch:

• The Magic Markets Website
• @MagicMarketsPod, @FinanceGhost, and @MohammedNalla (all on X)
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Disclaimer: This podcast is for informational purposes only and does not constitute financial or investment advice. Please speak to your personal financial advisor.