Energy procurement

Articles from our award winning trading team from reporting on the energy market through to commentary on key energy movements in the industry.

Volatile times how COVID-19 is affecting wholesale energy prices

Volatile times: how COVID-19 is affecting wholesale energy prices

In the world of global trading, last week made history: for the first time ever, US oil prices dropped below zero and went into negative figures. Oil producers were literally paying buyers to take the oil off their hands. We all know that the COVID-19 virus has had a devastating impact on the world economy, but how exactly did we get to this point?