Ideas, strategies, and viewpoints on the global energy commodity markets.

The Ultimate Airline Fuel Hedge Part II: Don't Buy A Refinery?

Last April, in a post titled The Ultimate Airline Fuel Hedge: Buy A Refinery, we highlighted Delta Airlines acquisition of the Trainer refinery from ConocoPhillips. At the time we were rather skeptical about the deal for a long list of reasons....

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Is There Such A Thing As A Cheap, Low Risk Fuel Hedging Strategy?

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,...

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Mercatus Energy Advisors Most Popular Posts of The Year

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...

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Oil Hedging Losses Coming Soon To A Board Room Near You

In recent weeks the Brent-WTI spread has collapsed once again, settling yesterday at just above $17/BBL after trading as high as $25.53 in mid...

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Basis Risk Leads to Unexpected Fuel Hedging Results

While we analyze numerous basis relationships across the energy commodity markets on a regular basis, it's rarely a simply task, as the relationships...

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spot market crude oil hedging wti brent resized 600

Is Brent Now the Global Benchmark for Crude Oil Hedging?

In early December the EIA announced that beginning with its 2013 Annual Energy Outlook, which will be published in the spring, the agency is going to...

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What Do You Need To Know About Energy Hedging & Risk Management?

As our blog approaches its third anniversary, we want to know what aspects of energy hedging and risk management you want us to cover, and from what...

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natural gas hedging - crude oil hedging

Sell Crude Oil - Buy Natural Gas - Hedge or Widowmaker?

In June of 2011, in a post titled Energy Hedging Myths Demystified - Part I, we took addressed the age old theory that crude oil and natural gas...

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Large Energy Consumers Now Hedging Via E&P Deals

In recent weeks two large natural gas consumers, Nucor and LSB Industries, have announced that they are purchasing natural gas "working interests" to...

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