Commodities
A new direction for weather derivatives
Specialised quanto products are now driving demand in the weather derivatives markets. Alex Davis looks at why this is the case, and how improvements in data provision are making this possible
FOA: Details of new infrastructure derivatives rules expected shortly
European Union regulators to clarify controversial new derivatives and central clearing rules in a new regulation rather than previously intended directive, avoiding lengthy and politically sensitive procedure
Commodity position limits could hurt entire market, experts warn
Proposals by the Commodity Futures Trading Commission (CFTC) - now also proposed in the recently approved Senate Bill on Finanicial Reform - to limit larger energy traders' positions, could drive down liquidity in energy markets across the board, causing…
Carbon trading to rival crude markets: CCX head
Carbon trading set to become the biggest commodity market in the world
Carbon trading to be highly regulated under Senate energy bill
US senators have published a climate change bill establishing a cap-and-trade system for power plants and industrials that permits only exchange-traded and cleared transactions.
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at energy credit.
BP’s Gulf of Mexico oil spill to affect EU shale gas projects
BP’s Gulf of Mexico oil spill will lead to approval and production delays in the European shale gas industry as governments crack down on environmental safety regulations.
The state of straight-through processing in energy markets
Integrated front- to back-office processes in energy trading still lag those of financial markets considerably, putting energy markets at a big disadvantage. Lianna Brinded takes a look at why this is the case, and whether change is on the way
Gulf of Mexico oil spill to delay BP drilling projects
BP’s Gulf of Mexico oil spill could lead to production delays throughout the industry while safety regulation tightens up.
Turning points: Catherine Flax, chief executive officer of commodities for Europe, the Middle East and Africa at JP Morgan
Catherine Flax, chief executive officer of commodities for Europe, the Middle East and Africa at JP Morgan, shares her renowned enthusiasm for the commodities sector with Lianna Brinded
BNP Paribas’ commodity research to triple
French investment bank BNP Paribas is set to more than triple its commodity research team, across metals, soft commodities and carbon emissions, in order to bolster its trading side as it goes on an aggressive drive to gather more hedge funds and…
BarCap launches nine commodity ETNs
Barclays Capital launched exchange-traded notes (ETNs) in Europe on Tuesday, listing 12 new ETNs on the London Stock Exchange (LSE), consisting of nine commodity exchange-traded products and three notes linked to volatility indexes for equities.
Saudi Arabia global oil exports to wane post-2010
Saudi Arabia’s long-standing status as a swing producer of crude oil could be drawing to a close according to the head of national oil company Saudi Aramco.
Gazprom seals US LNG deal
The world’s largest natural gas company Gazprom has sealed a deal with US-based Sempra Energy that will allow Russia’s energy giant to supply liquefied natural gas (LNG) to another US receipt terminal and further broaden its client base and its reach in…
China’s oil demand rise won’t tighten global supply
China’s apparent oil demand rose by 12.8% in March this year, following the expansion of refining capacity and rapid growth in the Chinese economy, but this does not indicate that global supply will tighten, say analysts.
Ex-RBS Sempra boss heads to UBS
UBS has hired former RBS Sempra Commodities head Kaushik Amin amid speculation that it will restart its commodities trading business
IEA remains steady on global oil demand for 2010
The International Energy Agency (IEA) has stuck to its previous forecast for global oil demand in 2010, following two consecutive upwards revisions, but has lowered its 2009 estimates based on adjusted official data.
Talking Technicals: Nymex Gas oversold
Nymex natural gas prices are completely oversold and now is not the time to buy gas, says a market expert in Energy Risk's new show, Talking Technicals.
BP and CNPC push forward in Iraq despite oil law uncertainty
BP and China National Petroleum Corporation (CNPC) have awarded a raft of other energy and commodities companies deals to start drilling and production in the lucrative Iraqi Rumaila oilfield, which they operate, despite the current lack of a petroleum…
Energy Risk: What's coming next?
Energy Risk brings you a snapshot of what's moving and shaking the markets with a special look at the Indian energy derivatives sector.
China secures big Angola oil deal
Chinese oil refining, producing and trading company China Petroleum and Chemical (Sinopec) has acquired deep-water oil assets in Angola by buying a 55% stake in Sonangol Sinopec, in a bid to further secure its diverse portfolio of oil import security.
UNFCCC official: public and private sectors must work together on CDMs
The relationship between the public and private sector needs to be strengthened at a quicker pace to ensure the future of project-based mechanisms such as clean development mechanism (CDM) and joint implementation (JI) projects, says a United Nations…
ETF Securities launches commodity index tracker fund
Exchange-traded funds (ETFs) and currency specialist ETF Securities has launched the first ETF to track the Dow Jones-UBS Commodity Three-Month Forward Index (DJ-UBSCI F3(SM)), following growing investor demand for diversified commodity related products.
Changes to UK interruptible gas contracts could cause supply outages in 2011
UK National Grid’s decision in January to tell large users on interruptible contracts to stop using gas is likely to be taken a stage further next time there is a cold snap, and could lead to the closure of thermal plants, warns a top official at the…