Energy Risk Oil & Products House of the Year 2011: JP Morgan

JP Morgan wins Energy Risk's 2011 Oil & Products House of the Year Award

Innovative financing deals with refiners and state-owned enterprises, including the Egyptian General Petroleum Corporation, as well as a significant expansion of its physical oil capabilities through the purchase of RBS Sempra Commodities, won JP Morgan our 2011 Oil & Products House of the Year award.

Oil houses had a challenging year last year with crude oil prices range bound and economic uncertainty weighing on demand. Many traditional hedgers and investors took a 'wait-and-see' approach,