Energy market has bright future, despite bad news
Poor liquidity and bank retreat mask energy market optimism
These seem like dark days for energy trading and risk management. But amid grisly headlines of poor liquidity and banks beating a retreat from the market, it's a good time to take stock.
Oil is the world's most heavily traded commodity, but even a mere 30 years ago, it lacked the gargantuan financial interest it enjoys today. Back then, markets in other energy commodities were even less developed; the idea of traded natural gas and electricity markets seemed little more than a pipe dream. During
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