As of yesterday, NYMEX heating oil futures and options are now ultra low sulfur diesel fuel (ULSD) futures and options. The transition is a long time in the making as the CME first announced the transition back in June of 2011. At that time, the...
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In our role as energy hedging advisors, we regularly receive inquires from companies who have had a difficult time, if not worse, in producing...
Since the NYMEX introduced the heating oil futures contract in 1978, energy consumers, producers, marketers, refiners and processors have had the...
As readers of our blog are well aware, we spend a lot of time analyzing and discussing basis relationships and the accompanying risk. While it's...
This post is the fourth in a series on hedging bunker fuel price risk. The first post in the series, An Introduction to Bunker Fuel Hedging,...
Given the recent increase in global fuel prices we thought it would be beneficial to explore how companies can optimize their existing fuel hedging...
Historically, many large fuel consuming companies have utilized passive fuel hedging strategies but, companies who "hedge and forget it" often accept...
Last April, in a post titled The Ultimate Airline Fuel Hedge: Buy A Refinery, we highlighted Delta Airlines acquisition of the Trainer refinery from...
Over the course of the past three months, the prompt month Brent, WTI, gasoil and heating oil futures have averaged daily changes of $1.02/BBL,...
2012 was a wild year in the energy markets. To celebrate the new year (yes, we're well aware that we're a few weeks behind), we decided to look back...