Feel the energy
Deutsche Bank, winner of Risk’s Energy Derivatives House of the Year 2005, has been strengthening its Asian commodities business to include a new desk in Tokyo. Nitin Gulabani, head of Asia-Pacific commodities, talks to Jill Wong
Rapid growth in the Asian energy derivatives market in recent years has been driven by a surge in over-the-counter (OTC) contracts to meet the region's specific needs. For example, the rising import dependency of Asia's oil consumption, which accounts for around 70% of growth in global demand for oil, has fuelled growth of OTC tanker freight contracts for very large crude carriers (VLCCs) from
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