Energy trading and hedging: A nontechnical guide

Recommended by: Rasananda Panda

Content:

Chapter 1. Supply/Demand Fundamentals for Energy Prices
Key Learning Points
Crude Oil
Weather
US economy
International economy
Currency
Geopolitical events
Supply and demand statistics
Cross-commodity markets
Natural Gas
Weather
US economy
Supply and demand statistics
Fuel switching
Review Exercises
Notes
Chapter 2. Oil and Natural Gas Cash Markets
Key Learning Points
Natural Gas and Crude Oil-Physical Pricing
The Intercontinental Exchange (ICE) Trading Platform Column labels
Summary Points
Review Exercises
Notes
Chapter 3. Financial Energy Commodity Markets
Key Learning Points
Energy Futures Contracts
Summary Points
Review Exercises
Notes
Chapter 4. The New York Mercantile Exchange
Key Learning Points
History of the New York Mercantile Exchange
NYMEX Contract Specifications
Settlement Procedures
Summary Points
Review Exercises
Notes
Chapter 5. Mechanics of Futures Markets
Key Learning Points
NYMEX Futures Quotes
Column labels
Types of Orders
Strips
Margins
Summary Points Review Exercises
Notes
Chapter 6. Using NYMEX Contracts for Trading and Hedging
Key Learning Points: NYMEX Trading
Trading of NYMEX Futures Contracts
The Commitments of Traders Reports: A Measure of Speculation and Hedging
Risk Management and Hedging Using NYMEX Futures Contracts Key Learning Points: Energy Risk Hedging
Hedging
Summary Points
Review Exercises
Notes
Chapter 7. Financial Energy Derivatives: Swaps
Key Learning Points: Financial Energy Derivatives-Swaps
Basis Swaps
Using Basis Swaps to Hedge Transportation
Summary Points Review Exercises
Notes
Chapter 8. Financial Energy Derivatives: Spreads
Key Learning Points: Spreads
Spreads
The Hedging of Storage Capacity Using Time Spreads
Summary Points
Review Exercises
Notes
Chapter 9. Financial Energy Derivatives: Options
Key Learning Points: Options Contracts
Options
Options Models
Characteristics of Options
Hedging Using Options
Summary Points
Review Exercises
Notes
Chapter 10. Technical Analysis
Overview
Key Learning Points
Trend Lines
Elements of a technical chart
Price signals