Market risk
From Russia with hub
Ambitious plans to turn Baumgarten into Europe's most liquid gas hub face many challenges, but if successful could radically change the continent's gas trading landscape. Roderick Bruce reports
Ready for takeoff?
With aviation joining the EU Emissions Trading Scheme in 2012, Alex Meredith of Hunton & Williams asks whether the aviation sector is ready and looks at the potential impact on the carbon market
Oil change
George W. Bush ruled that the US Strategic Petroleum Reserve was to be released in significant amounts only in a national emergency. But incoming US president Barack Obama could change that, finds Susan Arterian
Ready for any weather
Roderick Bruce looks back at the highlights of the Weather Risk e-symposium, a live online conference hosted by Energy Risk in late November
Adapting to change
The buoyant commodity job market of the last four years is changing as the financial crisis pares down trading opportunities across all asset classes. This new employment landscape will require both commodity firms and traders to learn new strategies to…
The three flavours of VaR
Each of the three methods of calculating value-at-risk has its pros and cons. Brian Shydlo of Sirius Solutions examines them
Refiners feel the squeeze
While crude oil prices have undergone a 70% decline since July, gasoline has dropped by 75%, taking the crack spread into negative territory. Eric Fishhaut of GlobalView Software looks at this unusual phenomenon
The next regulatory era
Market turmoil and political pressure are forcing the US CFTC to consider implementing new derivatives regulation or face potentially draconian rules imposed by Congress, write Gregory Mocek and Athena Velie
Gas storage: rolling intrinsic valuation
John Breslin, Les Clewlow, Tobias Elbert, Calvin Kwok, Chris Strickland and Daniel van der Zee describe a simple to execute and risk-limiting trading strategy, the rolling intrinsic method
Gold and silver trading hits record levels in 2008
Trading in gold and silver reached record levels in 2008, spurred on by the perception of precious metals as a "safe haven" from the credit crisis, according to International Financial Services London (IFSL) Bullion Markets 2009 report.
MCX launches India’s first electricity futures
Mumbai-based Multi Commodity Exchange (MCX) launched India's first electricity futures contract on January 9.
Liquidity floods into Powernext Gas
French exchange Powernext's recently-launched natural gas spot market has already become the most liquid in continental Europe, says Powernext.
CME launches dual listing of oil and gas options
CME Group has announced the dual listing of financially settled crude oil, Brent crude oil and natural gas calendar spread options on the New York trading floor and ClearPort Clearing.
Russia gas dispute hits European markets
Two days of Ukrainian natural gas transit flow cuts, combined with cold weather, have sparked a rise in both short and medium term European natural gas prices.
Russian gas exports to Europe via Ukraine halted
Exports of Russian natural gas to Europe through Ukraine have now been completely halted, according to statements from Ukraine's Naftogaz and Russia's Gazprom.
NCDEX launches gold and silver contracts
India's second largest commodity exchange, the National Commodity and Derivatives Exchange (NCDEX), added gold and silver futures contracts to its portfolio at the end of December 2008. According to the exchange, the contracts were launched in response…
Russian gas exports to Europe “seven times less” after pipeline closures
Gazprom Export director general Alexander Medvedev stated today that an overnight shutdown of three transit pipelines by Ukraine had caused a seven-fold drop in Russian natural gas exports reaching Europe.
EU officials move to settle Russia / Ukraine gas dispute
The European Union today moved to end the impasse in negotiations between Ukraine and Russia to resolve a natural gas supply dispute.