Energy Risk
Oil falls after record week
Crude oil for April delivery closed down 12 cents to $110.21 a barrel on the New York Mercantile Exchange (Nymex).
Gazprom Marketing & Trading makes smart metering investment
Gazprom Marketing & Trading, the UK-based subsidiary of the Russian natural gas giant has taken an equity stake in a leading automated meter reading supplier.
Montreal Climate Exchange to launch carbon futures
The Montréal Climate Exchange (MCeX), a joint venture of the Montréal Exchange (MX) and the Chicago Climate Exchange (CCX) is planning to launch futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory…
Crude Oil surges to $107
The New York Mercantile Exchange (Nymex) benchmark oil contract has exceeded $107 per barrel in midday trading as the value of the US dollar continues to plunge
Crude rally continues as analysts eye $115 oil
West Texas Intermediate (WTI) crude for April delivery surged to over $105/bbl on Thursday as analysts questioned how much longer the rally could continue.
Nymex and LCH.Clearnet form clearing alliance
New York Mercantile Exchange (Nymex) and clearing house LCHClearnet will team up to offer two energy contract slates, one cleared by Nymex ClearPort in New York and the other cleared by LCH in London.
Swing contracts part 2: risks and hedging
John Breslin, Les Clewlow, Chris Strickland and Daniel van der Zee ofLacima Group continue their Masterclass series with a further look atswing contracts. Here they discuss risk and hedging techniques for swingcontracts with take-or-pay, make-up and…
Swing contracts part 2: risks and hedging
John Breslin, Les Clewlow, Chris Strickland and Daniel van der Zee ofLacima Group continue their Masterclass series with a further look atswing contracts. Here they discuss risk and hedging techniques for swingcontracts with take-or-pay, make-up and…
Software survey 2008
Energy Risk’s 2008 software survey reveals which systems people prefer, and what advances they want to see next. By Stella Farrington and Andrew Holt
Awakening a JI-ant?
Recent policy changes in Russia may finally pave the way for effectivejoint-implementation (JI) projects. Roderick Bruce discovers Russia’scarbon credit potential
Turbulent times
Recent oil market turbulence has provided a tough test for airlineslooking to hedge their exposure to rising fuel costs as profits headinto a tailspin. David Watkins reports
Copula modelling
Using copulas and Monte Carlo simulations to model price dependencein energy markets, Vincent Grégoire, Christian Genest and MichelGendron show how forecasts for crude oil and natural gas prices can beimproved by modelling the dependence between them
Build it and they will come
The Energy Data Hub, an initiative to improve data distribution andprice transparency in the US gas and power markets, is due to go livenext month, with wide-ranging implications for energy trading, writesSandy Fielden
Flight to quality
As volumes grow and investor sophistication increases, the US voluntarycarbon markets are demanding higher quality products and greaterregulatory oversight. David Watkins reports
FFAs: rocking the boat?
The Baltic Dry Index (BDI) plumbed the depths in early 2008, sinking from record highs in late 2007. Some have blamed derivatives market activity for the sharp fall. Roderick Bruce casts a beady eye over the BDI and asks where prices are heading next
Waiting in the wings
The long-mooted inclusion of the aviation sector in the European Union's emissions trading scheme is finally on the radar screen. Roderick Bruce discovers whether stakeholders are ready for take off
The prepay delay
Municipal natural gas prepayment deals withered in the second half of 2007 as a result of the credit crisis. While this year has seen a trickle of new deals, greater problems may be lurking. David Watkins reports
Peter Terium
Peter Terium, CEO of newly created RWE Supply & Trading, tells Roderick Bruce why he is the right man to lead the integrated business forward.
A changing carbon market climate
The EU Emissions Trading Scheme is stepping up a notch with a batch of new measures for its Third Phase. Andrew Holt finds out what carbon market participants think of the new proposals