WTI-Brent spread volatility disrupts hedging programmes
Energy-intensive companies are reluctant to pursue aggressive hedging programmes in the current market environment, where headlines are having a disproportionate effect on prices compared with the fundamentals, say consultants
Basel III and Emir could push companies out of Europe, predicts ACT deputy policy director
Long-term price risk management deals are becoming more popular with utilities and regulators as a way to lock in low natural gas prices
Asian commodity markets react to volatility
Not yet in the clear
In defence of cross-product margining
The DVA debate
Kwame Okyere-Mensuo, technical adviser at Ghana’s Ministry of Finance and Economic Planning, talks about the country’s pioneering import hedging programme, as well as the hedging of output from the Jubilee field
Sovereign commodity risk management
Crunch time for corporates
Stay of execution?
Dealers enjoyed a bright start to the year but endured a slow second quarter and a savage start to the third as political wrangling over European and US debt contributed to a surge in volatility and risk aversion. For the third year in a row, Deutsche...
Mexico's 2012 oil hedging programme
Accentuate the negative
This week Mexico’s Congress will begin to debate the price at which the country hedges its oil exports next year
The put skew in Brent crude oil is close to its yearly high. This is being driven by the hedging programme of Mexico, as well as more general risk aversion on macroeconomic worries, according to brokers
Asian currencies on the rise
Foreign banks in China, particularly thinly capitalised branches that are not locally incorporated in the country, greeted a decision by China’s banking regulator to postpone rules aimed at limiting non-hedging business onshore with relief this month....
Alejandro Gonzalez, senior commodities risk manager at the chemicals giant BASF, spoke at Energy Risk USA 2011 in Houston about his approach to hedging in a volatile environment
Data reporting systems may be far from Dodd-Frank friendly in the energy sector, but experts say users are likely to benefit once they are up and running