News
DME partners with Emirates National Oil Co. to develop jet fuel futures
The Dubai Mercantile Exchange (DME) and Emirates National Oil Company (Enoc) subsidiary Enoc Supply & Trading LLC today announced the signing of a Memorandum of Understanding (MoU) to explore the development of the first exchange-traded jet fuel futures…
Energy hedge fund bulls still running despite MotherRock collapse
The sudden collapse of energy hedge fund MotherRock last month surprised the market. But market participants say that despite this blip, the commodities story is still proving attractive to hedge fund investors
Citigroup rebuilds Asia commodities team
Citigroup has made several recent hires to its Asia commodities team in Singapore, mostly on the energy side. The US bank has been looking to add to the division since the departure to Merrill Lynch in April 2005 of commodities head Mark Long and most of…