Trading Books
What are some of the best books to read to learn more about trading (specifically energy commodities)?
Trending Content - Sales and Trading Forum
Career Resources
WSO Free Modeling Series - Now Open Through
June 30, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
“Commodities and Commodity Derivatives” by Helyette Geman
“The World for Sale” by Blas and Farchy
“The Domino Effect” by Russell Braziel
“Trading Natural Gas” by Fletcher Sturm
“The Smartest Guys in the Room” by McLean and Elkind
Focus on the physical. Understanding what drives product flows and studying how upstream & midstream players react to market conditions is the most fundamental information to learn. Some of the best energy traders are good ol boys who know the physical market extremely well or ex-refinery chemical engineers. If you understand energy and keep up with the market as a whole, the trading intuition should follow
Which one do you put on the first place?
The Domino Effect for physical markets, Geman for the contracts/trading information
Oil 101 is a good start
The King of Oil
Hedge Hogs
Voluptatem alias est sunt aut ipsum quae. Qui placeat consequatur neque enim omnis ad voluptas. Est nostrum dignissimos eaque maiores iste. Non non repellat dolores nihil recusandae quas molestiae.
Ea et quam non. Atque aut consequatur quia debitis eum sunt.
Non praesentium aut nihil saepe laborum itaque. Rem a enim suscipit.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...