Short-Term Options Can Provide an Edge
It’s finally that time of year, the time we wait all summer for, when the weather gets cold and the days get short. Now is the…
Hedging Against Fixed Price Contract Defaults
U. S. markets, in particular the stock markets and petroleum markets, have, with considerable help from the Federal Reserve,…
Hedging Guidance Adds Valuable Perspective
When Mobil Oil transferred me to New England in the early ‘90s to work in the Distillates Department, price protection programs…
CME/NYMEX Heating Oil Contract Gets a Facelift!
The long awaited switch to ultra-low sulfur heating oil on the CME, owner of the New York Mercantile Exchange (NYMEX), has…
Heating Oil industry’s Rear View Mirror
The genesis of risk management, frequently referred to as and synonymous with hedging, manifests itself in the heating oil…
Shipping oil and its impact on your cost of product
As heating oil dealers go about lifting product at the rack (oil terminals) every day, there are subtle, and not so subtle…