Brent crude
Energy Risk Awards 2020: The winners
Key wins for BP, Engie and Uniper while Macquarie takes the derivatives house of the year award
Shell may shift trading to US or Singapore over Mifid II
Oil major Royal Dutch Shell is exploring “all possible options” for compliance with Mifid II, including migrating trading activity to countries outside the EU, a company official says
E&P firms reluctant to hedge in wake of oil collapse
Having undergone a severe decline since late 2014, the price of crude oil has fallen still further in the past few months. That has made US shale producers reluctant to hedge for fear of locking in rock-bottom prices
Italian refiner seeks boost from supply and trading unit
Italy’s Saras is taking advantage of a well-supplied crude market and the flexibility of its Sardinia refinery to seek out trading opportunities, but challenges loom in the form of onerous financial regulations and the structural difficulties of Europe’s…
New rules 'redefining' commodities market – Citi’s Staley
A surge of regulation and the recent slump in oil prices are the two biggest trends in commodity derivatives, says Stuart Staley, Citi's head of global commodities
Oil collapse fails to dent zeal for hub-based gas pricing
In recent years, European buyers of natural gas have pushed strongly in favour of contract pricing based on the continent's gas hubs, rather than more traditional formulas linked to the price of oil. Given the huge drop in crude prices, has this stance…
Financial trading worsened oil plunge – Risk.net poll
Most respondents to a recent Risk.net poll say paper trading had some impact on the recent decline in crude oil prices, but disagree about how much
IEA, IEF and Opec probe role of markets in oil crash
The impact of US shale oil, financial speculation and bank commodity exits was high on the agenda at a joint meeting held by the IEA, IEF and Opec in Vienna
Oil indexation battle continues despite oil collapse
Europe’s utilities are still pushing for hub-based natural gas prices amid the recent collapse of crude oil
Bank and investor exodus worsened oil rout, traders say
The role of financial trading in the recent collapse of crude oil has added a new twist to the old debate over the impact of speculation on commodity markets. Did retreating index investors, short-selling momentum traders and risk-averse banks exacerbate…
Oil rout roils E&P and airline hedging strategies
Corporate risk management programmes have had a mixed track record amid the recent plunge in crude prices. Oil producers with a conservative approach to hedging are emerging as some of the winners, while some airlines are feeling regretful about their…
Oil slump expected to lure investors back to commodities
Return of volatility in crude oil prices creates trading opportunities for hedge funds, market participants say
Oil price fall spurs interest in trading, says panel
Financial traders such as banks are likely to benefit from a marked drop in oil prices and a rise in volatility, according to market participants speaking at a London conference
US airlines hesitate on fuel hedges despite price drop
Fuel hedging from airlines and other consumers is picking up in the wake of a drop in oil prices, but some firms remain too concerned about the prospect of a further fall
Energy Risk Asia Exchange of the Year: CME Group
CME Group is seeing growing volumes thanks to a concerted effort to market its international energy products to Asian trading firms
Oil benchmarks should diverge in coming year, says BAML’s Blanch
A spike in North American oil production and seasonal changes in demand should see WTI fall sharply later this year – a contrast with Brent, which is exceptionally stable, says BAML global head of commodities research in an exclusive video
Deal of the Year: BP
Moving quickly, BP managed to salvage Iona Energy’s North Sea acquisition with an innovative crude oil options transaction
Gulf War and supercycle are career highlights, says Saperia
Since Nigel Saperia first began working as an oil trader at Shell in 1976, the business of trading oil has been transformed. He speaks to Mark Pengelly
Oil benchmarks need reform, says Vitol's Taylor
Oil industry needs to make issue of dwindling benchmark production a top priority, says Vitol chief
Lynton Jones laments IPE's hesitation over electronic trading
Lynton Jones, the IPE’s former chief executive, tried hard to promote electronic trading in Brent futures. But those efforts met with strong resistance, he tells Mark Pengelly
Oil market faces tight deadline for Ice Brent protocol
As Ice prepares to shift Brent expiry calendar on December 6, Isda releases protocol to enable orderly transition of OTC market