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Press releases


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	Press releases 2010 July 2010: Global's Quarterly Oil Market Outlook July 2010 is now published! Oil prices still increasing - but at a reduced pace. Global’s Oil Market Analyst, Thorbjørn Bak Jensen, along with Global’s Market Analyst on the Middle East market, Caner Seren Varol, revise the forecast down on the back of the uncertain and slower recovery and lower inflation pressure. Read the entire press release as pdf-file June 2010: Succesful seminar in Middelfart: What's going to happen on fuel prices? This was the topic at a fully booked seminar arranged by Global Risk Management recently held in Denmark talking to companies exposed to fuel prices. Read the entire press release as pdf-file May 2010: Global Risk Management in Singapore is expanding and moving office As of 1 June, Global’s Singapore office is moving to new premises. “Since we established the office more than one year ago, the client portfolio has increased and in order to ensure future growth possibilies we need larger premises”, says Sales Director Morten Rudebeck Henriksen. Read the entire press release as pdf-file (English version) (Danish version) April 2010: Budget and cost stability in the new “low-sulphur” fuel world As the revised Marpol Annex VI Low Sulphur switching deadline approaches, many questions and concerns are raised by the global maritime community regarding low sulphur product availability, cost and quality issues. Read the entire press release as pdf-file (English version) (Danish version) April 2010: Global's Quarterly Oil Market Outlook April 2010 is now published! Are oil prices going up or down? The new Global Oil Strength Index will give you the answer! Global Risk Management introduces a new simple index to keep you informed about Global’s forecast on oil prices. The Global Oil Strength Index or GOSI is a single number between 0 and 100 that signals Global Risk Management’s expectations for the oil price development. A reading below 50 indicates a declining trend – above an increasing trend. Read the entire press release as pdf-file (English version) (Danish version) - read the entire report here March 2010: Bunker hedging without liquidity risk Money is not cheap, and good credit is hard to get. How can shipping companies and others avoid situations where hedging of the fuel becomes a nightmare of deposits and cash out - in case of market drops? There are actually hedging strategies which allow Fuel Risk Managers and CFO’s to have a good night’s sleep, according to Leon Petersen, Sales Manager at Global Risk Management’s Copenhagen Branch. Read the entire press release as pdf-file here.


	Press releases 2009


	December 2009: Gold is leading the way for oil Current record high gold price increase is giving an early warning of higher inflation. Some investors see commodities and especially gold as a safe haven when inflation expectations go higher. Oil prices will follow inflation up when fundamentals improve. Read the press release (pdf-file) August 2009: Investors are hedging against post-crisis inflation "We see a decrease in oil prices in the short run. But as the economic growth in the world returns the summer uptrend will continue“, says Thorbjørn Bak Jensen, Oil Market Analyst at Global Risk Management. Read the press release (pdf-file) January 2009: The Oil Market 2009 Outlook Our Oil Market Analyst, Thorbjorn Bak Jensen, is giving his view on the Oil Market: "The economic crisis, lagging OPEC action and bulging inventories will keep prices low into second quarter........" Read the entire Oil Market 2009 Outlook (pdf-file)


	Press releases 2008


	July 2008: Succesful hedging of oil price risk - both globally and locally The skyrocketing of the oil prices makes Global Risk Management ride on the crest of a wave – the customers are flocking to hedge their fuel prices so they do not have to worry about the volatile oil prices. Read the entire press release (pdf-file)




	May 2008: Global becomes IATA Strategic Partner Torben Nordal Joergensen, Board Member of Global Risk Management, signed a contract with the International Air Transportation Association (IATA) on 8 May that now makes Global Risk Management and IATA strategic partners. Read the entire press release (pdf-file).