Risk management is a crucial aspect of the energy commodities trading sector that involves the identification, assessment, and prioritization of potential risks followed by coordinated application of resources to minimize, monitor, and control the probability or impact of unfortunate events. In this context, risk management aims to protect the financial and operational well-being of the organization by implementing strategies and processes to mitigate risk exposures and maximize opportunities.

Two active websites offering further information about risk management in the energy commodities trading sector are:

1. Reference: The Risk Management Association (RMA)
Link: https://www.rmahq.org/
The Risk Management Association (RMA) is an industry-leading professional association focused on advancing the use of sound risk principles in the financial services sector. In the “Education” section of their website, you can find resources related to risk management practices, including articles, videos, and publications specific to energy commodities trading.

2. Reference: International Energy Agency (IEA)
Link: https://www.iea.org/topics/energy-security/risk-management
The International Energy Agency (IEA) is an autonomous organization within the framework of the Organization for Economic Co-operation and Development (OECD). The IEA provides in-depth analysis, statistics, and knowledge on global energy markets. On their website, you can explore their comprehensive risk management strategies and publications related to energy security, including risk assessment tools and case studies relevant to the energy commodities trading sector.

Please note that the availability and content of external websites cannot be guaranteed, as they are subject to change over time.