Managing commodity risk in turbulent times
This article was paid for by a contributing third party.
The panel
- Ganesh Natarajan, Managing Director, Europe, Enuit
- Gary Vasey, Managing Partner, Commodity Technology Advisory
- Federica Strumia, Head of Risk Analysis and Control, Neste
- Moderated by: Stella Farrington, Head of Content, Energy Risk
Commodity firms are facing extreme uncertainty, increased risk and unprecedented price volatility. Whether buying, selling or trading commodities, managing risk is vital for firms’ survival and growth.
Faced with today’s razor-thin margins, firms must be able to monitor all risks – from operational and logistics, to credit and market risk – holistically, in real time and to hedge effectively. This brings technological challenges, and many firms are now grappling with issues such as getting the right datasets, connecting multiple systems and harnessing new technologies to support this holistic approach to risk
This webinar explores:
- Cross-commodity risk management – gaining a joined-up picture of risk
- The risks of hedging – avoiding under- and over-hedging
- New tools and technologies
- Uses for historical data in the current times of change
- The technological challenges of rewriting algorithms in fast-changing markets.
More on Risk management
Energy firms revisit CTRM systems as tech advances
Energy executives mull how to tap into the explosion of new technologies entering the risk space, but systems selection must consider future business needs, writes Yefreed Ditta at Value Creed
CRO interview: Brett Humphreys
Brett Humphreys is head of risk management at environmental markets specialist Karbone. He talks to Energy Risk about the challenges of modelling outcomes in unpredictable times and how he’s approaching the risks at the top of his risk register
How geopolitical risk turned into a systemic stress test
Conflict over resources is reshaping markets in a way that goes beyond occasional risk premia
Energy Risk Debates: the influence of risk culture
The panellists examine different risk cultures and discuss the risk manager’s role and influence in creating a risk culture
Energy Risk reaction: Venezuela and oil sanctions
Energy Risk talks to Rob McLeod at Hartree Partners about the energy risk implications of the US’s control of Venezuelan oil
CRO interview: Shawnie McBride
NRG’s chief risk officer Shawnie McBride discusses the challenges of increasingly interconnected risks, fostering a risk culture and her most useful working habits
Increasingly interconnected risks require unified risk management
Operational risk is on the rise according to a Moody's survey, making unified risk management vital, say Sapna Amlani and Stephen Golliker
Energy Risk Europe Leaders’ Network: geopolitical risk
Energy Risk’s European Leaders’ Network had its first meeting in November to discuss the risks posed to energy firms by recent geopolitical developments
