Oil
Energy evolution set to reshape risk management
During the next 20 years, the energy industry is expected to undergo transformational technological change, shaking up traditional patterns of correlation between different energy markets and creating demand for new types of instruments and more…
JP Morgan commodity heads reveal plans for the future
JP Morgan sold its physical commodities business to Switzerland-based Mercuria in October, a major retreat after years of aggressive expansion in energy and metals. But in an exclusive interview, the bank’s new global co-heads of commodities tell…
Knowing your territory is vital for energy firms
Energy firms must operate in many different countries, with a variety of legal systems and cultural traditions. Strong knowledge of these areas is crucial if companies are to avoid being ensnared in a legal and regulatory minefield, writes Vincent…
US airline wins Dodd-Frank real-time reporting delay
CFTC no-action letter giving Southwest Airlines and its dealers extra time to report hedging trades in long-dated oil may lead to broader relief for other hedgers in illiquid markets
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
Energy trading: veterans reflect on highs and lows
Celebrating Energy Risk’s 20th year, Vitol’s Christopher Bake and Icap’s Paul Newman spoke to editor Mark Pengelly about the history of the energy market and current trends on stage at Energy Risk Summit Europe in October
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
Looking back: Chaos ensues at IPE amid protest
Open-outcry trading at the IPE was halted in February 2005 amid a lively protest by Greenpeace activists. The timing was ironic, as Energy Risk reported the following month
Energy Risk Asia Risk Manager of the Year: GDF Suez Trading
GDF Suez Trading’s Asia-Pacific unit has expanded rapidly thanks to its understanding of the market and strong client support, but timing has also helped
Energy Risk Asia Data Provider of the Year: Thomson Reuters
Thomson Reuters is responding to the specific needs of Asian energy traders, as demonstrated by the development of two oil modules for its Eikon trading software
Energy Risk Asia Energy Finance House of the Year: SG CIB
Societe Generale Corporate and Investment Banking is using its technical skills to win innovative and complex energy finance deals across Asia
Energy Risk Asia Oil & Products House of the Year: JP Morgan
Despite the sale of its physical commodities business, JP Morgan continues to offer liquidity in a broad range of crudes and refined products in Asia
Energy Risk Asia Structured Products House of the Year: Deutsche Bank
Deutsche Bank has been coming up with fresh structured product ideas to suit the tastes of Asian investors and corporate hedgers, despite range-bound markets
Energy Risk unveils lifetime achievement award winners
Energy Risk has named the winners of its 20th Anniversary Lifetime Achievement Awards – a special one-off prize recognising 20 individuals who have contributed to the development of commodity trading and risk management
Bertuccio leaves JP Morgan for Glencore Xstrata
JP Morgan oil origination veteran Michael Bertuccio has been appointed as head of origination and principal investments at Glencore Xstrata
Moody's forecasts surprisingly stable UK power prices
Analysts at Moody's Investors Service believe UK electricity prices will remain steady until 2020, a prediction at odds with market consensus and government forecasts
Fragmentation seen holding back Canadian oil derivatives
The existence of several rival price indexes for Western Canadian Select is hindering the growth of financial trading in heavy crude oil from Alberta, market participants say
Mexican energy regulator looks ahead to greater integration with US
Mexico’s programme of energy market reform will lead to greater integration between the north of the country and neighbouring US states, such as Texas and California, says energy regulator in an exclusive video
Oil & Products House of the Year: BNP Paribas
BNP Paribas is holding the course in oil and refined products, as other banks abandon the commodities market
Tradition’s Pinchin looks back on successes and failures
David Pinchin, co-founder of Tradition Financial Services, speaks to Stella Farrington about his 30-year career in derivatives markets and how it informs his more recent work with disadvantaged youths
Energy market has bright future, despite bad news
Energy risk management has come a long way and is serving up unparalleled opportunities, despite poor liquidity and a retreat by banks
Citi hires Morgan Stanley oil veteran Randall O’Connor
Head of strategic transactions quits to join Citi as Morgan Stanley pulls back from physical oil trading
Looking back: oil market's future is different from its past
By 1994, the oil industry had changed irrevocably due to the increased use of derivatives – a trend that was discussed by Edward Krapels in an article for Energy Risk in June that year
Morgan Stanley reshuffles oil liquids business amid Rosneft acquisition
Morgan Stanley names commodities CRO Nancy King as head of oil liquids business, while promoting former deputy Brett Humphreys to post of commodities CRO