The wake created by the oil market collapse in the second half of 2014 has now persisted for almost a year, with continued low oil prices and high levels of volatility. The natural gas markets have fared no better, with persistent low prices that seemingly wander aimlessly in a market with no clear direction. The influences of both markets have extended to other energy commodoties as well, with power increasingly correlated to natural gas, the impacts of future LNG exports yet to be determined, and oil products prices moving irregularly with the underlying crude contract. With this increased market uncertaintty, and coupled with an activist regulatory environment, it is becoming increasingly difficult for energy traders to move confidently, knowing that they can make a profit and limit risks for their businesses.
DEVELOPING AN IT ROADMAP TO NAVIGATE THE ENERGY MARKET STORM
Published: 30 December 2016
Developing an IT roadmap to navigate the energy market storm