Cover; Half Title; Title Page; Copyright; Dedication; Contents; List of Illustrations; Preface; Acknowledgments; Part 1: Commodity Risk Basics; 1.1 The Commodity Risk Management Landscape; 1.2 A Brief History of Commodity Risk Management; 1.3 Recent Commodity Risk Management Debacles; Part 2: Commodity Risk Management Concepts; 2.1 Measuring Risk and Exposure; 2.2 Optimal Risk Management Decisions; 2.3 Strategic Risk Management; Part 3: Risk Management Applications; 3.1 Mining Companies; 3.2 Canadian Oil and Gas Exploration and Development; 3.3 Airlines and Jet Fuel Hedging; Notes; References
Summary
Commodity Risk Management goes beyond just an introductory treatment of derivative securities, dealing with more advanced topics and approaching the subject matter from a unique perspective. At its core lies the concept that commodity risk management decisions require an in-depth understanding of speculative strategies, and vice versa. The book offers readers a unified treatment of important concepts and techniques that are useful in applying derivative securities in the management of risk in commodity markets. While some of these techniques are well known and fairly common, Poitra
