Natural gas storage inventories decreased 19 Bcf for the week ending November 29, according to the EIA’s weekly report. This was higher than the market expectation, which was a draw of 14 Bcf. Working gas storage inventories now sit at…

LONDON (Reuters) – Oil prices rose on Thursday ahead of an OPEC meeting where members are expected to agree on deeper output cuts in an effort to prop up prices and prevent a glut next year. Sources told Reuters that…

In September 2019, the United States exported 89,000 barrels per day (b/d) more petroleum (crude oil and petroleum products) than it imported, the first month this has happened since monthly records began in 1973. A decade ago, the United States…

Supervision chief warns on new risks from machine learning bias Source: Risk feed

Liquefied natural gas (LNG) cargoes have displaced pipeline natural gas volumes in the Atlantic Basin throughout 2019, due to historically low spot prices of the shipped fuel. Higher LNG spot market activity has helped unleash some of the commodity’s inherent…

Foundational Transformations I recently participated in the 10th anniversary of the formation of the Berg-Hughes Center at Texas A&M. The theme of the celebration was geoscientists and petroleum engineers in a time of energy transition. From my perspective, our industry…

ComTech Advisory just released our 2019 CTRM Market Sizing, Trend and Outlook report. In that report, we have forecast the 2019 CTRM Market will close the year at $1.7B, including vendor software, implementation services and the value of home-built or…

Forex committee wants asset managers to embrace standards; shifts focus to algo trading Source: Risk feed

US crude oil stocks decreased by 4.9 MMBbl. Gasoline and distillate inventories increased 3.4 MMBbl and 3.1 MMBbl, respectively. Yesterday afternoon, API reported a crude oil draw of 3.72 MMBbl alongside gasoline and distillate builds of 2.93 MMBbl and 0.79…

Autocallable volumes could suffer as mis-selling fallout spreads to equity-linked structures Source: Risk feed

Environmental issues and climate change have played a larger role in the public consciousness in 2019 than possibly ever before. From Greta Thunberg’s Nobel Peace Prize nomination to the Extinction Rebellion protests that culminated in over 1,100 arrests in just…

The U.S. Energy Information Administration (EIA) has released new maps and geologic information for the Bone Spring play in the Delaware Basin, which spans from southeastern New Mexico to western Texas. The updated information includes formation geology, deposition history, and…

By Manasee Joshi CRYPTOPOLITAN: chain costs in Western Europe are witnessing meteoric rise with a convoluted network of suppliers, customers, retailers, and product manufacturers across the globe, and a recent study shows that these costs can come down drastically if…

“Trade wars are good, and easy to win,” President Donald Trump tweeted in March 2018 after imposing sweeping tariffs on US imports of steel and aluminum. The application of a little-known trade remedy sent shockwaves across the metal markets and…

Trade body seeks clarity on zombie lifespan and CCP response as it bows to regulatory pressure Source: Risk feed

Regulators encourage structural alignment between the two rules, but hurdles remain Source: Risk feed

40% increase in revenue Expanding blue chip client base Dramatically improved user experience Growing team to support business demands Tuesday 3rd December 2019 – London, Houston, Berlin, Bangalore & Singapore. CubeLogic, a leader in business intelligence enabled risk management solutions,…

Since peaking at nearly 318 gigawatts (GW) in 2011, U.S. coal-fired electric generating capacity declined to 257 GW in 2017 after several coal power plants retired. The U.S. Energy Information Administration (EIA) undertook a study with Sargent & Lundy to…

I had an update from Gen10 this last week. Richard Williamson, CEO, was busy telling me about many of the activities the company was engaged in, from an update on its blockchain initiative in a consortium with companies like Rabobank…

Leveraging its long-lived experience in the risk and performance management space, Prometeia has re-engineered its liquidity risk management platform, to more effectively respond to the increasing demand for regulatory and business challenges. The new ERMAS Interactive Liquidity Adequacy Solution… Prometeia…