Risk & Energy Risk – 2012 Commodity Rankings – energy
Hitting the top in turbulent times
For a PDF of the results within all sections of the 2012 Commodity Rankings, click here.
Turbulence in both the physical and financial worlds spilled over into energy markets in 2011. The Arab Spring sent the price of Brent crude soaring to more than $126 per barrel (/bbl) in April, but then Standard & Poor’s downgrade of the US credit rating, coupled with the worsening European debt crisis, pushed the benchmark down to around $101/bbl by October.
Meanwhile, a boom in unconventional oil and gas
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