Market risk
Energy firms tune in to weather forecasts
As weather forecasting becomes more accurate, utilities and banks are increasingly turning to it – not only to predict power and gas demand – but also to find arbitrage opportunities, writes Gillian Carr
Lack of critical mass in biomass
Growth in the use of biomass has led clearing houses to list derivatives referencing the organic fuel source, while some experimentation has also taken place within the over-the-counter markets. But these efforts are yet to yield substantial success. Jay…
Is risk modelling keeping up with the energy market?
Lean times in energy and commodity derivatives trading have caused a cutback in the amount of time and resources spent on energy risk modelling – a worrying trend that could leave firms unprepared for future market challenges, argue some experts. Mark…
Profile: Gunvor’s David Fyfe
Gunvor’s David Fyfe speaks to Gillian Carr about his fascination with all facets of the oil sector and the importance of remaining flexible and open to all possibilities when analysing markets
Energy Risk Europe: Indexes won’t be included in MAD, say panellists
Energy indexes may not be included in EU market abuse rules, but remain likely to be hit by further scrutiny
Energy Risk Europe 2012: Oil price “much lower” in 10 years – Credit Suisse
A slowdown in Chinese oil demand growth coupled with increasing supply will mean oil prices will be much lower in 10 years, forecasts Ric Deverell, head of commodities research at Credit Suisse
Position limits rejection lifts compliance burden
Rejection of Commodity Futures Trading Commission rule brings short-term relief and longer-term uncertainty, say consultants
Energy Risk Europe 2012: EU power market integration faces next set of hurdles
The next stages of creating an integrated European electricity market should focus on the intra-day market, direct current cables and preparing trading strategies post-2014, say panellists at Energy Risk Europe
Energy Risk Europe: EC official questions energy industry estimates of clearing costs
Recent industry estimates of the cost of clearing are met with scepticism during a roundtable discussion at Energy Risk Europe
Energy Risk Europe 2012: Speculation tending to push oil prices lower
In recent years, speculation in oil markets has been associated with price falls more than price rises, but speculative activity is transforming the oil market into an asset play subject to new macroeconomic influences, says Leo Drollas, chief economist…
Counterparties abandon US public utilities over Dodd-Frank fears
Publicly owned utilities say a growing number of energy companies are refusing to trade with them ahead of the deadline for swap dealer registration
Experts question shift in Mexico oil hedging strategy
Use of put spreads in oil hedging programme leaves Mexico dangerously exposed to low oil prices if global economy sinks
Energy Risk's Asia awards 2012
Energy Risk's annual Asia awards, now in their fifth year, honour innovation and achievement in Asian energy derivatives markets. A ceremony for the winners was held in Singapore on September 26 and here we reveal the winners and why they triumphed
Ex-Credit Suisse bankers founding energy risk advisory firm
Former head of power trading joins at least one ex-colleague to found Scoville Risk Partners