Observers of the French and Spanish gas markets over the last few months cannot have failed to note a mounting challenge to the traditional price structure in the region. LNG – both in terms of quantity and price – has played an important role in the recent shift. While historically Spanish AOC hub prices have […]
The oil-gas (dis)connection
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.
ESMA assembles new commodity working gourp
The European Securities and Markets Authority, better known as ESMA, has released the latest line-up for its task force on commodity derivatives. The group has the unenviable task of analysing and monitoring all regulatory developments for commodity financial markets. Given what is and what is not a financial derivative for power and gas products has […]
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