Industry groups sceptical of justification for new position limits rule, after suing to block previous version
New CFTC working group will iron out inconsistencies between SDRs and address end-user concerns, commissioner vows
Differing approaches of swap data repositories haunt energy companies trying to reconcile trades
The history of energy trading is littered with losses, bankruptcies and other misfortunes that now serve as cautionary tales. Alexander Osipovich looks back at the biggest energy risk management disasters of the past two decades and how they reshaped...
US Airways policy of not hedging jet fuel will now extend to American Airlines, says chief executive
Under pressure from politicians, the US Federal Reserve floats proposals to tighten rules on banks in physical commodities
Trafigura, Vitol and other trading houses unlikely to be captured by proposed criteria for global systemically important financial institutions
Agreements reached under US Dodd-Frank Act fail to address critical issue of enforcement
As an increasing volume of crude oil is transported via North America’s railroads, market participants are growing hungry for data and market intelligence on crude-by-rail. Such insight had been in short supply, until recently. Alexander Osipovich reports
Winter reliability at risk due to problems with real-time pricing, market participants warn
End-users will hedge more with firms such as BP, Shell and Vitol as banks face ban on prop trading, say market participants
New fund will trade financial transmission rights in US power markets
As Ice prepares to shift Brent expiry calendar on December 6, Isda releases protocol to enable orderly transition of OTC market
Mandatory insurance for assets held by futures brokers would be extremely costly, concludes industry-backed report
The US Commodity Futures Trading Commission is gearing up for another big fight over position limits, after its original rule was rejected by a federal court. The agency’s latest proposal, released in November, gives market participants little reason...
A push to eliminate fuel subsidies across much of Africa, the Middle East and Asia is raising interest in the use of commodity hedging by governments as a way of containing social unrest. But it remains a challenge to get sovereign commodity hedging deals...
CFTC puts forward another Dodd-Frank position limits rule, generating concerns among commodity derivatives end-users
More energy importing countries are in talks about hedging fuel purchases after Morocco’s sovereign hedging deal, say bankers
CFTC softens post-MF Global reforms to rules on segregated customer funds held by futures brokers
Ice says a plan to shift the expiry dates of futures and options on Brent crude oil is an important fix that will tighten the link between the physical and futures markets. However, carrying out the necessary changes could be painful for market participants....
Shell becomes second energy company to seek swap dealer status under Dodd-Frank
Exchange delays plan to shift expiry calendar for Brent crude oil futures and options after firms complain they need more time to prepare
Confusion over CFTC rules is tying US energy firms in knots, as they struggle to determine whether their physically settled commodity options need to comply with critical rules issued under the US Dodd-Frank Act. Alexander Osipovich reports
Proposals to ensure convergence between futures and physical Brent cause firms to avoid trading long-dated options