Stronger demand and tighter supply of sour barrels along the US Gulf Coast has boosted values for Gulf of Mexico grades in recent months – flipping the traditional sweet/sour spread. The spread between medium sour Mars crude, and light sweet…

Matteo Cassina, Adaptive Non-Exec Director, talks to Trista Kelley of Financial News about his extensive experience in financial innovation, what links financial acumen and high-performance sports, and what lies in store for the future of the trading floor. Read the…

ZAGREB (Reuters) – Seven bidders have filed nine bids for geothermal energy exploration in four blocks in Croatia’s northern and eastern areas, the Agency for Hydrocarbons (AZU) said in on Wednesday. The blocks Lunjkovec-Kutnjak, Legrad-1 and Merhatovec are located in…

Key facts Leading European asset servicing firm selects FIS Open Payment Framework to comply with ISO 20022 and cross-border payment regulations. FIS’ solution provides CACEIS with an enhanced payment platform to streamline payment operations, reduce processing costs and provide a…

Coal-fired electricity generating capacity in the United States is retiring, as tighter air emission standards and decreased cost-competitiveness relative to other power resources make coal-fired power plants less economical. From 2011 to mid-2020, 95 gigawatts (GW) of coal capacity was…

Hedge fund quant, and Risk.net’s new columnist, shares his unique take on markets Source: Risk feed

ISDA has written this letter to the Financial Stability Board (FSB) urging a better coordination of efforts worldwide to harmonise different aspects of regulatory reporting. In particular a lack of harmonisation of Unique Transaction Identifiers (UTI), Unique Product Identifiers (UPI)…

LONDON (Reuters) by John Kemp – Hedge funds continued to rotate their positions from crude to fuels, especially gasoline, in light trading during the summer vacation period in North America, Europe and the Middle East. Hedge funds and other money…

ComTech often gets ask to participate in various webinars in the industry including by various vendors. We are usually delighted to participate by using our analysis and research to help set the scene. Next week on September 9th, I will…

Leading role in Europe with valantic: Since July 2020 Erste Bank Hungary provides request-to-pay Banks combine trust as core competence and modern technology valantic’s Payment Hub offers request-to-pay and instant payment Frankfurt am Main / Magdeburg, 1 September 2020… valantic…

According to the latest data estimates in the U.S. Energy Information Administration’s (EIA) State Energy Data System (SEDS), people in geographically large states with small populations, such as Alaska, Wyoming, and North Dakota, used twice as much energy for transportation…

Murex, the global leader in trading, risk and processing solutions for capital markets, powered an overnight indexed swap derivatives transaction for KBank based on THOR, the new Thai reference rate. KBank successfully completed the first such transaction referencing THOR on…

When considering CTRM options, questions around system architecture are often left to IT experts, if they are discussed at all, as people focus on the functionality that will make their life easier as well as considerations such as cost and…

BP’s bold August strategy move for a faster pivot to cleaner energy shows the extent to which Big Oil has been forced to consider the financial consequences of climate change on fossil fuels. The major’s much-vaunted shift to become an…

ENBANTEC Retail Banking Technologies Conference EMEA (www.enbantec.com) will be held on 18-19 November 2020 as a live virtual conference. The event will take place online in the digital format. ENBANTEC is a global and niche conference with its focus on…

Newest addition to GTreasury’s integrated treasury and risk management platform harnesses artificial intelligence to deliver instant, customizable, and accurate cash forecasting CHICAGO – August 31, 2020 – GTreasury, a treasury and risk management platform provider, today… GTreasury Source: Bobs Guide…

NEW YORK (Reuters) – Oil and gas companies plunged over $156 billion into corporate takeovers and land deals during the second U.S. shale boom, in a massive bet that good times would continue and crude prices would rise. Many of…

Several exploration and production (E&P) companies in August accessed debt markets to refinance near-term maturities despite carrying higher-than-average debt loads. Antero Resources (AR), Range Resources (RRC), Southwestern Energy (SWN) and Occidental Petroleum (OXY) issued new bonds to repay debt coming…

For Hugo Stappers at Pioneer, while much seems to be changing in the CTRM world, some things have not. Though he sees strong levels of demand and a solid flow of RRI’s and RFPs – both from Europe and the…

Demand for transportation fuels in the United States has fallen since mid-March because of the spread of coronavirus and efforts to mitigate it. Demand for motor gasoline and jet fuel in particular has fallen to its lowest levels in years….