EU energy regulators are about to find out what really goes on in the wholesale gas and electricity markets, as a new trade reporting obligation starts on October 7. This is a huge step toward more transparent markets, but what will regulators do with the data?
Archive for the ‘trading’ Category
By Siobhan Hall | September 16, 2015 11:40 AM Comments (0)
By John Kingston | September 7, 2015 12:01 AM Comments (1)
It’s an old debate: Is it fundamentals or trading that primarily drive oil prices? As John Kingston, previously of Platts and now president of the McGraw Hill Financial Global Institute, explains in this week’s Oilgram News column, Petrodollars, it’s not always an either/or debate.
By Ned Molloy | July 6, 2015 09:18 AM Comments (1)
By Amanda Rayborn | June 2, 2015 12:01 AM Comments (1)
A new oil commodity with a clunky name began grabbing headlines this spring: Colonial Pipeline shipper history. Here’s the history of this so-called history, and why it’s likely to stick around after this summer’s tan lines are long faded.
By Joseph Innace | May 21, 2015 12:01 AM Comments (0)
The world’s next ‘leap second’ event will occur on June 30, 2015 — and, for the first time ever, according to the Futures Industry Association (FIA), it will happen “during active trading hours in an environment where electronic and automated trading relies on sub-second precision for communication, execution, clearing, surveillance and audit trails.”
By John Kingston | March 31, 2015 08:01 AM Comments (4)
John Kingston is President of the McGraw Hill Financial Global Institute and Director of Global Market Insights. He continues to observe energy markets after his many years with Platts.
The price of Low Carbon Fuel Standard credits is going to rise. It’s just a question of when.
By Jeffrey Bair | March 12, 2015 02:00 PM Comments (6)
So what can you get these days for $3 million? Well, this apartment. Or 250,000 pairs of those khakis that Michigan football coach Jim Harbaugh loves so much. How about two islands due south of Brooklyn? (If you’re interested and your name is Mr. Moneybags from Monopoly, they are still for sale, a Realtor said this week.)
Here is where we pivot. It used to be that a $3 million deal for 25,000 barrels of Gulf Coast gasoline happened almost every trading day.
By John Kingston | January 23, 2015 12:01 AM Comments (0)
The room was pretty full for the first day of the Platts European Storage conference in Amsterdam this week, and it’s not surprising: the opportunities in this segment appear to be as strong as they’ve been for years.
Most important are three big factors: the market is in contango, which encourages storing crude and products; trade flows are changing, on the back of European refinery closures and the US shale revolution, requiring new storage facilities in some areas; and those refinery closures are providing opportunities for storage companies to buy the tanks and other facilities at the shuttered plants, and turn them into terminals.