Commodity risk
Goldman VAR drops again in third quarter
The firm’s average daily VAR dropped $11 million (17%) to $53 million
US banks' VAR-based charges drop in Q2
The average decrease in the VAR-based capital requirement across the eight US G-Sibs was 10.4%, compared with a 23% increase in the first quarter
Goldman VAR dips on equities and rates risk
Average daily value-at-risk falls 12% from three-year peak in Q1
BP net derivative assets top $1.5 billion
Hedging instruments fair values rise while oil prices surge
Sponsored video: Bethanie Castelnuovo, SCB
Bethanie Castelnuovo, chief financial officer at SCB, gives her reaction to SCB’s wins at the Energy Risk Commodity Rankings 2018 and her thoughts on the organisation's business outlook.
General Motors embraces hedge accounting change
Automaker ramps up cash flow hedging in wake of FASB update
Ford reports $204 million derivatives charge
Foreign exchange and commodity contracts fall in value
Goldman Sachs’ VAR at three-year high
Increased client activity and market volatility increases firmwide risk
P&L attribution for energy portfolios with non-linear exposures
Carlos Blanco and Alessandro Mauro explain how non-linear P&L attribution tools can improve a company’s business intelligence capabilities
Commodity volatility increases need for risk management
Sponsored video: Platts
Moving to the cloud: The next frontier for E/CTRM systems?
Sponsored webinar: Sapient Global Markets
Florida utilities’ $6bn hedging loss spurs public backlash
Firms face heat over out-of-the-money natural gas hedge transactions
IFC risk management directors wrestle with strong dollar
Weak emerging markets and commodities downturn are also posing a challenge
Quant ideas: Strategic versus tactical risk management
The susceptibility of enterprise risk tools to poor quality data is a major issue
Commodity risk hedging through risk sharing: reengineering Islamic forwards
This paper studies the possibility of using Islamic forwards, which are commonly known as salam contracts, to hedge commodity risk, while respecting the principle of risk sharing.
Is the financialisation of commodities being reversed?
Energy industry veteran Kaminski offers a verdict - and some career advice
Energy trading: the past, present and future
Energy Risk looks at the development of the market and what may lie ahead
RWE trading chief looks forward to retirement
RWE’s Judisch talks UK power, renewables and energy market defaults
American Airlines to stop fuel hedging after merger
US Airways policy of not hedging jet fuel will now extend to American Airlines, says chief executive
Sovereign hedging picks up as developing countries end fuel subsidies
A push to eliminate fuel subsidies across much of Africa, the Middle East and Asia is raising interest in the use of commodity hedging by governments as a way of containing social unrest. But it remains a challenge to get sovereign commodity hedging…
Commodities – signs are looking up
Sponsored statement: Standard Chartered Bank
NGL hedging takes off amid shale gas boom
No molecule left behind
Aggressive oil hedging enables Plains E&P’s big deepwater play
Plains Exploration & Production will hedge up to 90% of its oil production for the next three years, the Houston-based company says as it reaches a deal to buy $6.1 billion of oil assets in the Gulf of Mexico from BP and Shell