Energy Risk Ed's letter - A bumpy ride for those exposed to oil
Crude oil has had another bumpy ride this year and so, therefore, has every corporation and sovereign nation that hasn't hedged its exposure to the commodity.
Brent crude – now the preferred global benchmark due to West Texas Intermediate's continued disconnect from global fundamentals due to delivery issues – opened the year at around the $95 per barrel (/bbl) mark. By April it had gained 33%, hitting $127/bbl, the highest price since its all-time highs of July 2008. Since April it has swung
More on Awards
Environmental products house of the year: ENGIE
Energy giant signs raft of forward-thinking environmental deals in Apac
Newcomer of the year: Marex
Commodities and financial services firm expands rapidly across Apac region, entering multiple new markets
Voluntary carbon markets house of the year: Marex
Marex’s support of mangrove projects provides high-quality credits for clients and socio-economic benefits for local communities
OTC trading platform of the year: Marex
Marex’s Agile platform registers impressive volume and client growth in Asia
Technology advisory firm of the year: KWA Analytics
With a focus on strategy and scalability, KWA Analytics improves clients’ operations in Japanese power, biofuels and certificates
Commodities technology house of the year: Topaz Technology
Strong revenue growth, Asia focus and a unique approach to unifying physical and financial risk
Electricity house of the year: Provincial Electricity Authority (PEA)
Power company uses renewables to help Thailand attract energy-intensive manufacturers amid recent geopolitical shifts
Energy Risk Asia Awards 2025: the winners
Winning firms showcase the value of prudent risk management amid challenging market conditions
