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What financialisation means for oil: Ilia Bouchouev of Koch

Investor demand now drives oil prices as much as physical fundamentals

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Throughout his 20-year career in energy derivatives, Ilia Bouchouev, president of Koch Global Partners and global head of derivatives at Koch Supply & Trading, has been at the cutting edge of the industry.

Aside from his prominent role, he is perhaps best known for his innovative options-pricing model developed during his PhD study in the late 1990s. Bouchouev’s highly acclaimed model and 1997

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