{"id":3880,"date":"2016-12-06T05:21:35","date_gmt":"2016-12-05T23:21:35","guid":{"rendered":"https:\/\/www.ctrmcenter.com\/?p=13459"},"modified":"2016-12-06T05:21:35","modified_gmt":"2016-12-05T23:21:35","slug":"barclays-is-getting-out-of-energy-trading","status":"publish","type":"post","link":"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/","title":{"rendered":"Barclays is getting out of energy trading"},"content":{"rendered":"

Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays exacerbates the scarcity of counterparties for trade when producers are trying to hedge their production for 2018 and beyond, potentially raising the cost to lock in that output. That increase could force cash-strapped producers to forgo protection altogether, putting them at risk if the market takes another leg down. Some producers seek to lock in future profits and fund expansion through selling as much as 80 percent of production years into the future. “It’s one less bank willing to make a trade in the market, which reduces liquidity overall. That’s one less source of credit and one less counterparty,” said John Saucer, vice president of research and analysis at Mobius Risk Group. While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.\u00a0 The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his
\nThe post Barclays is getting out of energy trading<\/a> appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays exacerbates the scarcity of counterparties for trade when producers are trying to hedge their production for 2018 and beyond, potentially raising the cost to lock in that output. That increase could force cash-strapped producers to forgo protection altogether, putting them at risk if the market takes another leg down. Some producers seek to lock in future profits and fund expansion through selling as much as 80 percent of production years into the future. “It’s one less bank willing to make a trade in the market, which reduces liquidity overall. That’s one less source of credit and one less counterparty,” said John Saucer, vice president of research and analysis at Mobius Risk Group. While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.  The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his<\/a>
\nThe post Barclays is getting out of energy trading<\/a> appeared first on CTRM Center<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[],"acf":[],"yoast_head":"\nBarclays is getting out of energy trading | Commodity Technology Advisory<\/title>\n<meta name=\"description\" content=\"Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays exacerbates the scarcity of counterparties for trade when producers are trying to hedge their production for 2018 and beyond, potentially raising the cost to lock in that output. That increase could force cash-strapped producers to forgo protection altogether, putting them at risk if the market takes another leg down. Some producers seek to lock in future profits and fund expansion through selling as much as 80 percent of production years into the future. “It’s one less bank willing to make a trade in the market, which reduces liquidity overall. That’s one less source of credit and one less counterparty,” said John Saucer, vice president of research and analysis at Mobius Risk Group. While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.  The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his The post Barclays is getting out of energy trading appeared first on CTRM Center.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Barclays is getting out of energy trading | Commodity Technology Advisory\" \/>\n<meta property=\"og:description\" content=\"Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays exacerbates the scarcity of counterparties for trade when producers are trying to hedge their production for 2018 and beyond, potentially raising the cost to lock in that output. That increase could force cash-strapped producers to forgo protection altogether, putting them at risk if the market takes another leg down. Some producers seek to lock in future profits and fund expansion through selling as much as 80 percent of production years into the future. “It’s one less bank willing to make a trade in the market, which reduces liquidity overall. That’s one less source of credit and one less counterparty,” said John Saucer, vice president of research and analysis at Mobius Risk Group. While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.  The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his The post Barclays is getting out of energy trading appeared first on CTRM Center.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\" \/>\n<meta property=\"og:site_name\" content=\"Commodity Technology Advisory\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\" \/>\n<meta property=\"article:published_time\" content=\"2016-12-05T23:21:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"700\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Patrick Reames\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:site\" content=\"@comtechadvisory\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Patrick Reames\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\"},\"author\":{\"name\":\"Patrick Reames\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\"},\"headline\":\"Barclays is getting out of energy trading\",\"datePublished\":\"2016-12-05T23:21:35+00:00\",\"dateModified\":\"2016-12-05T23:21:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\"},\"wordCount\":223,\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"articleSection\":[\"Blog\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\",\"name\":\"Barclays is getting out of energy trading | Commodity Technology Advisory\",\"isPartOf\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\"},\"datePublished\":\"2016-12-05T23:21:35+00:00\",\"dateModified\":\"2016-12-05T23:21:35+00:00\",\"description\":\"Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. 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While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.  The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his The post Barclays is getting out of energy trading appeared first on CTRM Center.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.comtechadvisory.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Barclays is getting out of energy trading\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#website\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"name\":\"Commodity Technology Advisory\",\"description\":\"CTRM Market Insights\",\"publisher\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.comtechadvisory.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#organization\",\"name\":\"Commodity Technology Advisory\",\"url\":\"https:\/\/www.comtechadvisory.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"contentUrl\":\"https:\/\/www.comtechadvisory.com\/wp-content\/uploads\/2013\/06\/social-square-logo.png\",\"width\":700,\"height\":700,\"caption\":\"Commodity Technology Advisory\"},\"image\":{\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/CommodityTechnologyAdvisory\",\"https:\/\/twitter.com\/comtechadvisory\",\"https:\/\/www.linkedin.com\/company\/2980731\",\"https:\/\/www.youtube.com\/user\/Comtechadvisory\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.comtechadvisory.com\/#\/schema\/person\/280c24085ee23c1322c66042426ee6b9\",\"name\":\"Patrick Reames\",\"url\":\"https:\/\/www.comtechadvisory.com\/author\/preames\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Barclays is getting out of energy trading | Commodity Technology Advisory","description":"Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. Reuters notes one potentially significant impact of the closing of their energy business: The departure of Barclays exacerbates the scarcity of counterparties for trade when producers are trying to hedge their production for 2018 and beyond, potentially raising the cost to lock in that output. That increase could force cash-strapped producers to forgo protection altogether, putting them at risk if the market takes another leg down. Some producers seek to lock in future profits and fund expansion through selling as much as 80 percent of production years into the future. “It’s one less bank willing to make a trade in the market, which reduces liquidity overall. That’s one less source of credit and one less counterparty,” said John Saucer, vice president of research and analysis at Mobius Risk Group. While, as noted, many banks have left the market due to regulatory pressures and low prices, this one could have a CTRM twist to it.  The Financial Times is quoting Joe Corcoran, Barclay’s head of markets, telling his The post Barclays is getting out of energy trading appeared first on CTRM Center.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.comtechadvisory.com\/blog\/barclays-is-getting-out-of-energy-trading\/","og_locale":"en_US","og_type":"article","og_title":"Barclays is getting out of energy trading | Commodity Technology Advisory","og_description":"Reuters is reporting that Barclays, one of Britain’s largest banks, is existing the energy markets, joining others financial institutions such as RBS Sempra and Deutsche Bank who had previously given up on energy. 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