World Perspectives
energy

Speculative Position Limits – Again

Like the proverbial bad penny, the issues raised by the CFTC’s proposals to establish limits on the size of speculative positions held in derivative markets never seem to go away. Chairman Timothy Massad has indicated that he is determined to pass a final version of the related rules and regulations this year.Like the proverbial bad penny, the issues raised by the Commodity Futures Trading Commission’s (CFTC’s) proposals to establish limits on the size of speculative positions held in derivative markets never seem to go away. The political class decided that a root cause of the financial crisis of 2008/09 was excessive speculation, however defined. One of the underlying themes of the famous Dodd-Frank financial market reform legislation tha...

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Venezuela Oil Situation and Oil Price Impacts

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From WPI Consulting

Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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