Gary Vasey - Author Archive

Water, Water Everywhere but Not A Drop to Drink

This afternoon, I was catching up with one of our CTRM Thought Leaders – Jan van den Brom of Agiboo – when we got on to an interesting topic. The topic was the sheer diversity and number of CTRM solutions on the market – something over a hundred. You would... continue reading

Oil prices expected to trade around $60-$70 through 2020: Kemp

By John Kemp LONDON (Reuters) – Oil prices are expected to remain close to current levels, averaging around $60 to $70 per barrel through the end of the decade, according to the annual survey of energy professionals conducted by Reuters. Forecast prices have changed very little since the last survey... continue reading

Grain glut leaves U.S. farmers facing losses from specialty corn

CHICAGO (Reuters) – U.S. farmers who sought to boost revenues by planting corn used to make tortillas may be forced to sell their crops at a loss to makers of ethanol or animal feed because of a glut of what typically is a human food-grade product. Oversupply of the most... continue reading

More Climate Change Lunacy

Climate change, as any non-politically inclined geologist will tell you, is a naturally occurring phenomena of a living planet Earth. The climate has changed and relative sea levels risen and fallen for millennia. Strangely enough, these geological climate changes and sea level movements have shown no correlation with CO2 content... continue reading

New York sues fossil fuel majors, plans divestment from pension funds

NEW YORK (Reuters) – New York City announced on Wednesday that it filed a multibillion dollar lawsuit against five top oil companies, citing their “contributions to global warming,” as it said it would divest fossil fuel investments from its $189 billion public pension funds over the next five years. The... continue reading

Catching Up With Blacklight Systems

Just before the Christmas holidays, I talked with David Edwards, Managing Director, of BlackLight Systems. BlackLight Systems claims to be the first commodity trading and risk system to be designed by ‘traders for traders’. It offers trade capture, exposure management and decision support, and boasts a modern, intuitive, and highly... continue reading

U.S. grain companies fear harm from new tax law

CHICAGO (Reuters) – The new U.S. tax law is poised to drive more control over the nation’s grain supply to farmer-owned cooperatives, provoking concern among ethanol producers and privately run grain handlers that they could be squeezed out of the competition to buy crops. Until now, the cooperatives, private companies... continue reading

Contigo unveils how to future-proof with a progressive ETRM at E-world

Award winning ETRM vendor, Contigo, will be showcasing its forward thinking Energy Trading and Risk Management software suite at E-World (Essen, Germany, February 6-8 2018, Hall 3 Stand 242) A business unit of Trayport Limited, Contigo boasts a portfolio of customers throughout Europe across the Energy value chain, including generation,... continue reading

ComTech to Participate in Risk webinar

I’ll be participating in a webinar on January 31st with Lacima on risk. The title of the webinar is Solutions for valuation challenges for traders. Consistency with risk. Recent industry analysis confirms that commodity analytics ranks as one of the highest items on the agenda of the majority of commodity... continue reading

New WWF traceability project to track Pacific Islands’ tuna supply chain

Environmental organization World Wildlife Fund (WWF) and its partners have introduced blockchain technology to the Pacific Islands’ tuna industry, the first of its kind for this region, to help stamp out illegal fishing and human rights abuses, WWF said. Tracking fish from vessel to the supermarket, the blockchain supply chain... continue reading

U.S. oil prices hit highest since 2015, but doubts loom over rally

SINGAPORE (Reuters) – U.S. oil prices hit their highest since 2015 again on Tuesday as speculators bet on further price rises amid OPEC-led production cuts and a dip in American drilling activity, though some warned the rally could run out of steam. U.S. West Texas Intermediate (WTI) crude futures were... continue reading

Give us your Opinion?

People like to read industry research and check the opinions of their peers. Perhaps they do not enjoy so much filling out online surveys! However, unless the latter gets done the former doesn’t happen. Just before the end of 2017, we launched two different survey efforts as part of some... continue reading

Australia forecasts 20 percent iron ore price drop in 2018 as China demand eases

SYDNEY (Reuters) – Australia on Monday said it expects iron ore prices to average $51.50 a tonne this year, down 20 percent from 2017, because of rising global supply and moderating demand from top importer China as its steel sector shrinks. The government projection is out of step with some... continue reading

ferdecTS® Cloud Readiness

FERDEC is proud to announce technical cloud readiness of ferdecTS®. “Today we successfully concluded our technical proof-of-concept of ferdecTS® in the Amazon Web Services (AWS) Cloud. ferdecTS® fully operates its surveillance analytics and the analysts’ front-end”, Stefan Hoferichter Head of IT says. “Consequently following our strategy we extended our solution... continue reading

Meralco Selects Allegro’s ETRM Solution

Philippines’ Largest Distributor of Electrical Power Chooses Allegro’s Energy Trading and Risk Management Solution to Manage Market Risk Exposure DALLAS, TX, Jan. 4, 2017 – Allegro Development Corp., a global leader in commodity trading and risk management (CTRM) software, today announced that Manila Electric Company (Meralco), the Philippines’ largest electric... continue reading

Bankers to burn midnight oil ahead of ‘MiFID’ dawn

Huw Jones LONDON (Reuters) – Bankers will work through the night to iron out last minute hitches before Wednesday’s launch of a major reform of European Union financial markets that aims to apply lessons from the financial crisis nearly a decade ago. The new rules are already a year late... continue reading