Editor's letter: November 2010

Editor's letter: November 2010

Patrick Blum - Energy Risk

To borrow the words of a participant at our Energy Risk Europe conference in London last month, "every disaster starts with a bad assumption". And when it comes to energy trading, supply and demand, especially for oil, the wrong assumptions can have dire consequences, as airlines that hedged against fuel prices in the past couple of years found out to their cost. In our special report (starting page 25) we examine the outlook for oil prices and find that they will be edging higher as supply and

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