Energy
DME on track for Q4 launch
The DME reveals the details of its first sour crude contract, while construction work begins on its trading floor
Ready to catch fire
Energy
Cash for old smoke
Carbon emissions
Keeping it simple
Profile: Towngas
CME to launch renminbi futures in August
Chicago Mercantile Exchange sets out its stall in Asia
Sweet and sour
Crude oil
Mining a rich seam
BHP Billiton
The entrepreneurial edge
Martin Currie has steered clear of China's state-controlled entities, opting instead to target the country's management-owned companies. Rachel Wolcott talks to Chris Ruffle, lead manager of Martin Currie's China fund
Laying the foundations
Credit Portfolio Management
Burnt by contango
Investors have poured tens of billions of dollars into commodity index products, but some claim the flood of capital has caused structural changes in commodity markets. And as spot prices fall, it could lead to an exodus of cash from these investments…
Editor's Letter
Comment
CFTC accuses BP of price manipulation
The US Commodity Futures Trading Commission (CFTC) has accused BP Products North America of price manipulation in the US propane market.
JP Morgan launches retail petrol index in Germany
JP Morgan has launched an index that monitors the changes in the retail pump price of petrol in Germany. The JP Morgan SuperBleifrei Flat Tax Index is a tradable index, and is intended for use in structured investment products to enable investors to…
UBS launches Oilfield Strategy Index
UBS has launched the UBS Oilfield Strategy Index (UBS-OSI). This new oilfield strategy index is based on WTI crude oil (West Texas Intermediate). Financial structured products on this Oilfield Index will be available in various maturities and currencies,…
Aussies Rule
Australia is racing ahead with Basel II implementation compared with other nations. Peter Madigan asks how they have done it and whether the rest of the world can follow in their footsteps
The Pimco component
Profile
Editor's letter
Editorial
Shifting sands
Foreign Exchange
Asia's maritime centre
Traders hope that the arrival of freight and oil derivatives clearing for the first time in an Asian time zone will boost the growing FFA market in Asia
Industry gets energised
Attracting some 300 delegates, this year's Energy Risk USA conference was by far the biggest and most successful it's been since the fall of Enron, writes Stella Farrington
Kick-off for spot
After years of relying on long-term contracts, LNG suppliers are committing more volumes to the short-term market in hope of exploiting tight fundamentals. Oliver Holtaway explores this new trend
Knowledge is power
The first year of European carbon trading came to a bumpy end in May. But now the market finally has hard data about emissions, the ride should get smoother. Oliver Holtaway reports
Benefits of compliance
The Energy Policy Act of 2005 profoundly increases regulatory risk for energy market participants in the US, but implementing an effective compliance programme can have long-lasting benefits, writes former FERC executive William Hederman, Michael Griffen…