Platts
Ferc urged to prop up illiquid natural gas indexes
A lack of willing price reporters is eroding confidence in key benchmarks
Commodity volatility increases need for risk management
Energy Risk discusses market volatility and risk management with representatives from US commodities index publisher Platts
Goldman hires new co-head of commodities trading
Bank taps Mercuria's US power and gas head for senior role
EU benchmark proposal may hit commodity index publishers
Platts fears indexes will be ‘less robust’ due to provision on supervised entities
Spot market for Asian LNG gaining momentum, traders say
Changing market fundamentals are expected to transform the way LNG is traded in Asia in the next several years, fuelling the emergence of a regional spot index and derivatives market
In manipulation cases, "everybody's doing it" is no excuse
From the natural gas index scandal of the early 2000s to the Libor-rigging cases of today, it's always the junior employees who go to jail while bosses walk, Vincent Kaminski observes
US gas price reporting drop raises questions about indexes
Jitters about regulatory risk have caused a growing number of energy firms to stop reporting their US natural gas trades to Platts and other index publishers. As reported transaction volumes fall, can the indexes still be trusted?
Fall in US gas hub liquidity hampers derivatives market
Surging shale gas production in the northeast US has undermined Platts’ Gulf Coast indexes and derivatives contracts that rely on them
Report highlights decline in US gas price reporting
Fewer US energy firms are reporting gas trades to Platts and other index publishers, amid shifts in market structure and fears of regulatory risk
Price reporting veteran set to leave Platts
Goldman makes top-level changes; APX CEO to step down; Citi hires JP Morgan risk head; Calpine hires Goldman’s Griggs; Neas adds in power and gas
Vitol will not replace banks in energy hedging, says CEO
Liquidity provision in energy derivatives markets is not Vitol's role, says the trading house's president and chief executive, Ian Taylor, despite the retreat of major investment banks from commodities
No easy way to hedge Bakken crude oil, say energy firms
Despite surging production in the Bakken shale region in North Dakota and Montana, trading remains fragmented and the market has yet to coalesce around one pricing point for crude oil production, making hedging difficult
More US oil producers hedging with non-WTI crudes
Increased volatility pushes oil producers to hedge with LLS, WCS and other regional crudes
Platts shifts focus away from price reporting code
Price reporting agency says it intends to concentrate on complying with Iosco rules, leaving future of IPRO code in doubt
Ice Brent changes prove a hard pill to swallow
Ice says a plan to shift the expiry dates of futures and options on Brent crude oil is an important fix that will tighten the link between the physical and futures markets. However, carrying out the necessary changes could be painful for market…
Brent options trading disrupted by Ice expiry date shift
Proposals to ensure convergence between futures and physical Brent cause firms to avoid trading long-dated options
Onset of hub-based Asian LNG pricing likely to be slow
LNG importers hoping for quick move to flexible pricing mechanisms will be disappointed, say market participants
PRAs under attack amid market manipulation investigations
Price reporting agencies (PRAs) are facing intense scrutiny from regulators, amid renewed allegations that their widely used price indexes are being manipulated by unscrupulous energy traders. Will the PRAs be forced to change their ways? Alexander…
Lack of regulatory clarity hampering PRA code of conduct
Price reporting agencies expect to release updated industry code of conduct shortly, but warn regulatory uncertainty could delay their efforts
Platts and Shell seek support for competing Brent crude reforms
Oil major Shell and price reporting agency Platts offer rival plans to fix market distortions in Brent crude oil