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No inside information on commodities.

(However trading on embargoed government press releases is illegal. Though rather than kidnapping Clarence Beeks on the train, you can just interview the Florida farmers yourself.)

There is definitely inside information on commodities, it's just rare that insider trading on commodities is prosecuted.

You would definitely have an advantage in trading oil/gas futures if you had access to ExxonMobil's seismic exploration reports, for example.

Indeed! I found Matt Levine's post last Fall [1], particularly useful, as he believed you couldn't be prosecuted for insider trading of commodities (only securities). Then he received a nastygram from the CFTC :).

[1] https://www.bloomberg.com/amp/opinion/articles/2018-10-24/it...

Wow. But if Matt Levine can get it wrong too I don’t feel so bad.

But the insider trading you suggest above, is predicated on having material non public information of ExxonMobil’s.

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