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Pierre Andurand

Pierre Andurand

Oil Trader & Hedge Fund Manager · Andurand Capital Management

Oil price forecasting, energy hedge funds, commodity derivatives

Pierre Andurand started his trading career at Goldman Sachs and Merrill Lynch before founding BlueGold Capital with Dennis Crema in 2007. BlueGold returned 209% in 2008 by shorting oil correctly. After BlueGold wound down, Andurand founded Andurand Capital Management, which continued trading energy with concentrated directional bets. He has been repeatedly cited as the most important non-bank player in oil markets and has made bold public forecasts on crude prices, including predictions of both extreme highs and lows tied to supply/demand dynamics. His deep knowledge of global oil supply chains, OPEC decision-making dynamics, and demand cycles across major consuming economies has positioned him as one of the most analytically credible voices in commodity macro, whose public oil price forecasts are closely followed by energy traders, producers, and investors globally.

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