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
Barclays clinches deal with Hawaii refinery as US Federal Reserve scrutinises physical commodity trading by banks
As Hess turns into a leaner, upstream-focused oil company, chief risk officer Jonathan Stein tells Alexander Osipovich how enterprise risk management will assist in the firm’s transformation
Deloitte calls on US coal producers to set up prop trading desks and engage in more international origination
The rapid growth of commodity trading houses has led critics to question whether these firms have become a source of systemic risk. But trading houses strongly reject such arguments, and suggest they are little more than paper tigers. Alexander Osipovich...
Linn Energy, once fêted as a leader in risk management, is under scrutiny by US regulators for its derivatives accounting practices – something that is casting a shadow over other master limited partnerships in the upstream oil and gas business, finds...
Elevated WTI prices, pushed up by regional unrest, are creating opportunities for US oil producers to hedge
Critics say industry-sponsored study into impact of high-frequency trading in futures markets is flawed
Margin rules proposed after the collapse of MF Global could dramatically raise the cost of hedging, complain market participants