Energy trading: veterans reflect on highs and lows

Vitol’s Bake and Icap’s Newman discuss evolution of energy market

Mark Pengelly Paul Newman Christopher Bake - Energy Risk Summit Europe
Mark Pengelly, Paul Newman and Christopher Bake

Mark Pengelly: This year's Energy Risk Summit Europe is quite a special one. It's been 20 years since Energy Risk was first founded in 1994. For two decades, Energy Risk has tracked the amazing growth and occasional setbacks suffered by the energy risk management industry. Although many headlines today are focused on the withdrawal of banks from commodities and the perils of regulatory change, we ought to be celebrating this industry's achievements as well. There are now more liquid markets acro