Publications

Insight April 24, 2025

EU Carbon Market 101The European Union Emissions Trading Scheme (EU ETS) is based on a cap-and-trade system: Operators of installations including power generation, various industries and intra-European aviation covered by […]

Insight February 7, 2025

The gold market has experienced a significant dislocation starting in January 2025, driven largely by concerns about impending tariffs on US imports. This uncertainty has triggered a shift in the […]

Insight December 17, 2024

Crack spreads (or « cracks ») refer to the differences between wholesale refined product prices (such as gasoline, diesel, jet fuel, fuel oil, etc..) and crude oil prices. Those spreads can be […]