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A cracked barrel?

Debate over the suitability of West Texas Intermediate as a benchmark crude resurfaces regularly, but recent price activity in the US oil contract – which influences the entire energy complex – is causing consternation. David Watkins reports

The smart revolution

The smart grid is well on the way to becoming a reality, with some technologies already changing the economics of power supply. However, customers must be offered risk differentiated pricing for the real benefits of the smart grid to be realised, finds…

An air of uncertainty

As gasoline prices soar, the creaking US refinery system is once more under fire. Although today's healthy margins should encourage new investment, unresolved issues of green regulation appear to be curbing this. David Watkins investigates

Conference calling

This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights

All change for coal

Increased demand for coal, coupled with changes in its physical flows, have caused a surge in coal price volatility and exponential growth in derivatives trade, writes Guillaume Perret of Perret Associates

Measuring success

A cutting-edge survey by McKinsey & Company reveals which types of trading are most prevalent and successful among utilities. Using survey data, McKinsey's Jörg Doege, Sven Heiligtag and Peter De Wit suggest guidelines for creating successful trading and…

Feeling the heat

Uncertainty over future fuel prices is proving a headache for airlines. While many put on successful hedges last year ahead of widely anticipated price spikes, this year's price falls have discouraged hedging. Joe Marsh looks at how airlines in Asia are…

Whose side is your consultant on?

Choosing the most appropriate front- and middle-office software often requires companies to seek expert advice. However, consultant expertise and objectivity can vary greatly. Choosing the right software consultant is a task itself, writes Ryan Rogers of…

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