Market risk
Oil price outlook
Oil prices are expected to remain well supported into next year, according to an Energy Risk survey of analysts, which would provide a good opportunity for consumers to begin to hedge their forward oil exposure but make producer hedging look less…
The rise of sovereign commodity risk management
The unprecedented commodity price volatility of the past four years has led to a surge of interest from governments in risk management strategies. Investment banks are in talks with sovereigns worldwide on setting up financial hedges, and say uptake is…
Trading positions - October 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
More obligations for energy firms under EU's MAD revisions
With the scope of the Market Abuse Directive set to widen to cover OTC commodities, energy companies could be subject to far greater disclosure obligations, finds Jay Maroo
Solar failure raises questions about funding for renewables
Pauline McCallion gauges industry opinion on the implications of the recent demise of solar company Solyndra for private and public investment in renewable energy
Non-bank commodity traders should adopt Fed letter commitments, says BP executive
BP's Alan Haywood says non-banks need to consider Fed letter commitments for the good of the industry
Energy Risk Asia: Dodd-Frank could hit Asian energy firms hard
Panellists at the Energy Risk Asia conference voice concerns over the extraterritorial implications of the Dodd-Frank Act
Airlines face 82-million tonne shortfall of carbon allowances in 2012
The commercial airline sector will have to buy 82 million tonnes of carbon allowances next year in addition to free allowances, according to an aviation consultancy
Speculation not a major cause of commodity market volatility: FOA
Futures and Options Association report refutes negative impact of speculators on commodities markets
Rule could make OTC-cleared energy contracts 'endangered species': O’Malia
CFTC commissioner renews support for over-the-counter energy clearing tool in the face of new Dodd-Frank rules that could affect operation
Shell Energy chief calls for regulatory data confidentiality rules
The confidentiality of energy trading data provided to regulators for market monitoring purposes continues to concern market players and regulators alike, after August leak by senator Sanders
Hellman & Friedman to buy OpenLink
New-York-based commodity software firm OpenLink has announced its owners The Carlyle Group will sell it to a US private equity firm
Sponsored Q&A: APX-ENDEX
APX-ENDEX is on the verge of launching the world’s first wood pellets exchange later this year. The company’s product manager, Sipke Veer, explains what motivated the development of the exchange and the benefits it will bring
Cutting edge: solutions for three-asset spread options
Three-asset spread options are becoming increasingly important in energy and commodity markets. Elisa Alòs, Alexander Eydeland and Peter Laurence present two fast asymptotic, analytic pricing formulas. The first is based on a new stochastic calculus…
Turning Points: Craig Breslau, SG CIB's managing director, commodities trading
SG CIB’s Houston-based managing director, commodities trading, Craig Breslau, speaks about his journey through the energy and commodities sector
Who should pay for wind power risk?
Wind power is being relied on by governments around the world to deliver on their promises of low-carbon power. But who is left holding the financial risks inherent to this resource? And what are the prospects for a mature wind derivatives market…
Interview: Brix the new Brazilian power market
A new trading platform promises to bring greater transparency to the Brazilian power market. The people behind the venture explain how
The outlook for Argentina's gas supply
Will Argentina follow North America into the ‘shale gale’, or will its natural gas market structure prevent increased domestic production, furthering reliance on LNG imports?
Q&A: Gerardo Rodriguez, Mexico's Ministry of Finance and Public Credit
Gerardo Rodriguez, deputy finance minister at Mexico’s Ministry of Finance and Public Credit, speaks about the government’s oil price hedging strategy
Impact of German nuclear phase-out on European energy markets
Germany’s decision to phase out nuclear power by 2022 could have wide-ranging implications for European power and gas markets, especially in the short term
Trading positions - September 2011
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Are Canadian oil sands setting a new crude oil floor price?
Canadian oil sands are set to have a greater role in the global energy mix, but whether they will set the floor for world oil prices will depend on a variety of factors