Oil and other commodity markets rallied in early March, but a key support factor behind the rise was speculative trade, rather than reliable supply and demand indicators.
Energy Connections
REMIT second reporting phase nears
With only a couple of weeks left before additional energy trade reporting requirements kick in, trading firms are trying to solve various last-minute issues. Since October 2015, under the regulation for wholesale energy market integrity and transparency (REMIT), firms registered as market participants have been reporting to the Agency for the Cooperation of Energy Regulators (ACER) all […]
Domestic Indian price reforms could boost LNG import demand
From an LNG seller’s perspective, India is one of the few beacons of hope. The vast country, which has a very price sensitive approach to buying liquid gas, is taking more cargoes both on a contract and spot basis. A recent move by the Indian government to change the pricing formula of domestically-produced gas from […]
Gas industry struggles to prepare for changing rules amid tariffs storm
Knowing how to prepare for going outside during winter months feels, at times, impossible to predict in London. The weather behaves erratically from week to week – mild and rainy; brisk and sunny; bitter and cold; snowy and grey. At times, it has seemed that shippers, transmission system operators (TSOs) and regulators throughout the bloc […]
In or out? Why those steering Europe’s single energy market might pay attention to the UK’s EU referendum debate
Being a UK-based company, the news schedule my colleagues and I at ICIS are exposed to away from the work place has already been dominated for weeks by the UK’s EU referendum, despite the vote being four months away. The issue at the heart of this debate strikes a chord with the key issue that […]
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