Third IEA-IEF-OPEC Workshop on Physical and Financial Markets

Given the dual role that crude oil now plays as both a physical commodity and a financial asset, the International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) recognised the need to improve understanding of the interlinkages between the physical and financial markets for energy, and agreed to jointly hold workshops on energy market functioning and meetings of energy regulators.

In this connection, the IEA, IEF and OPEC will hold their third workshop on "interactions between physical and financial energy markets" in Vienna, Austria, on 21 March 2013. This event is part of a wider joint programme of work agreed by the three organisations and endorsed by Energy Ministers at the 12th International Energy Forum (Cancun, March 2010) as part of the Cancun Declaration.

The third workshop will build on insights gained from the previous two events in 2010 and 2011, and will focus on the following points: interactions between energy derivatives and the broader financial markets; trends in energy swaps and futures trading in light of impending regulation; developments in energy derivatives trading in the Asian region; and an update on the implementation of regulation in the energy derivatives markets across major jurisdictions.

Presentations and Speeches

1. Presentations for the 3rd IEA-IEF-OPEC Workshop on the interactions between physical and financial energy markets, 21 March 2013 | Vienna, Austria
2. 2nd IEA-IEF-OPEC Workshop on the interactions between physical and financial energy markets, 29 November 2011 | Vienna, Austria
3. IEA-IEF-OPEC Workshop on physical and financial oil markets’ interlinkages and Forum of regulators, 22-23 November 2010 | London, UK