BP oil spill creates long-term oil risk management issues

market volatility

BP's Gulf of Mexico oil spill has not had an effect on short-term oil markets, but it will push prices and margin costs upwards from 2012 onwards, according to energy and commodities experts. Long-term regulation tightening could dampen supply from deepwater drilling, which is where most of the new oil supply reserves originate from, they say.

"The Macondo oil spill has a greater impact on oil than it has on natural gas," says Adam Sieminski, chief energy economist at Deutsche Bank. "New oil

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: