IntercontinentalExchange (Ice) has introduced more than 40 new over-the-counter cleared energy contracts for North American natural gas, power, natural gas liquids and global oil products, including two contracts based on the Argus Sour Crude Index (ASCI).
The power sector is likely to top the list of both winners and losers if a proposed cap-and-trade system for greenhouse gas emissions in the US comes into existence, according to Point Carbon.
Industry experts at the annual Oil & Money Conference in London this week challenged International Energy Agency (IEA) forecasts for demand growth.
Former Saudi oil minister and head of Opec, His Excellency Sheikh Yamani, speaks to Roderick Bruce about his views on the past, present and future of the global crude oil markets
In the first of two articles tracing the beginnings of energy derivatives, Roderick Bruce talks to oil trading pioneers about the market’s formative years
Some aspects of the energy markets are unrecognisable from 1994, while other issues remain remarkably similar. Stella Farrington looks at the landscape of 15 years ago and how it has moved on
Commodity-focused hedge funds have faced a torrid past nine months, suffering large losses and widespread redemptions. Yet some funds, notably relative-value arbitrage strategies, have performed better than most. By Richard Jackson
The financial crisis turned 2008 into an unforgettable year. The 2009 commodity rankings reveal those who triumphed despite adversity. By Roderick Bruce, with research by Xiao-Long Chen
The New York Mercantile Exchange (Nymex) and brokerage firm Icap are to launch an over-the-counter (OTC) market in same-day options on crude oil and natural gas on July 18.