The experts excel

Rankings 2005

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For the past twelve years, the leading banks in commodity derivatives have been coming up with reasons why they performed particularly well or badly in each year’s Energy Risk rankings survey. They do well, they say, because they offer structured products, have speciality traders and offer longer-term deals than energy companies are able to. Physical experience and presence, the size of the teams, the ability to understand all parts of the barrel – these are all good re

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