Viviana Fanelli is Associate Professor of Mathematical Methods of Economics, Actuarial Science and Finance at the University of Bari Aldo Moro in Italy. She has also been an advisor at Mantho Solutions Ltd., London, where she focused on mathematical modelling and quantitative analysis. She has been appointed as course leader on financial risk management at a GARP-ERP Certification Program and as lecturer in energy finance at MIP - Polytechnic of Milan. Her research interests cover commodity finance, asset pricing, arbitrage strategies, dynamic models, interest rate and credit risk modelling. She regularly publishes in academic journals, including Quantitative Finance, European Journal of Operational Research, Applied Energy and Nonlinear Analysis RWA. Viviana holds a PhD in mathematical methods for financial and economic decisions.

"A concise survey of arbitrage pricing models for commodities, this book may serve as an introduction to the subject and a textbook for a course on commodity price modeling with an eye toward implementation."—Professor Andrea Roncoroni, ESSEC Business School"This book represents a valuable synthesis of the most relevant classical concepts on commodity markets and of the related financial models. The theoretical arguments are presented in a clear and rigorous way, and a great effort is spent on proposing paradigmatic applications. A very informative methodological appendix assists the reader in grasping a great part of the computational details. I am strongly convinced that this work can effectively act as a textbook for high-level students as well as handbook for scholars."—Professor Roy Cerqueti, Università degli Studi di Macerata"Financial Modelling in Commodity Markets provides an accessible and clear introduction to important stochastic models for finance, with a special focus on energy markets. Different from competing textbooks, a particular emphasis is placed on the practical implementation of different models and techniques. The exercises at the end of each chapter represent a useful pedagogical tool. This book will be a valuable addition to the library of every graduate student and practitioner in the field."—Professor Claudio Fontana, University of Padova

• 1. Commodity-linked Products. 2. Spot Price Modelling. 3. Forward Price Modelling. 4. Derivative Valuation. 5. Applications. 6. Essential Statistics and Data Analysis. Bibliography. Index.

Viviana Fanelli is Associate Professor of Mathematical Methods of Economics, Actuarial Science and Finance at the University of Bari Aldo Moro in Italy. She has also been an advisor at Mantho Solutions Ltd., London, where she focused on mathematical modelling and quantitative analysis. She has been appointed as course leader on financial risk management at a GARP-ERP Certification Program and as lecturer in energy finance at MIP - Polytechnic of Milan. Her research interests cover commodity finance, asset pricing, arbitrage strategies, dynamic models, interest rate and credit risk modelling. She regularly publishes in academic journals, including Quantitative Finance, European Journal of Operational Research, Applied Energy and Nonlinear Analysis RWA. Viviana holds a PhD in mathematical methods for financial and economic decisions.

"A concise survey of arbitrage pricing models for commodities, this book may serve as an introduction to the subject and a textbook for a course on commodity price modeling with an eye toward implementation."—Professor Andrea Roncoroni, ESSEC Business School"This book represents a valuable synthesis of the most relevant classical concepts on commodity markets and of the related financial models. The theoretical arguments are presented in a clear and rigorous way, and a great effort is spent on proposing paradigmatic applications. A very informative methodological appendix assists the reader in grasping a great part of the computational details. I am strongly convinced that this work can effectively act as a textbook for high-level students as well as handbook for scholars."—Professor Roy Cerqueti, Università degli Studi di Macerata"Financial Modelling in Commodity Markets provides an accessible and clear introduction to important stochastic models for finance, with a special focus on energy markets. Different from competing textbooks, a particular emphasis is placed on the practical implementation of different models and techniques. The exercises at the end of each chapter represent a useful pedagogical tool. This book will be a valuable addition to the library of every graduate student and practitioner in the field."—Professor Claudio Fontana, University of Padova

• 1. Commodity-linked Products. 2. Spot Price Modelling. 3. Forward Price Modelling. 4. Derivative Valuation. 5. Applications. 6. Essential Statistics and Data Analysis. Bibliography. Index.

Viviana Fanelli is Associate Professor of Mathematical Methods of Economics, Actuarial Science and Finance at the University of Bari Aldo Moro in Italy. She has also been an advisor at Mantho Solutions Ltd., London, where she focused on mathematical modelling and quantitative analysis. She has been appointed as course leader on financial risk management at a GARP-ERP Certification Program and as lecturer in energy finance at MIP - Polytechnic of Milan. Her research interests cover commodity finance, asset pricing, arbitrage strategies, dynamic models, interest rate and credit risk modelling. She regularly publishes in academic journals, including Quantitative Finance, European Journal of Operational Research, Applied Energy and Nonlinear Analysis RWA. Viviana holds a PhD in mathematical methods for financial and economic decisions.

"A concise survey of arbitrage pricing models for commodities, this book may serve as an introduction to the subject and a textbook for a course on commodity price modeling with an eye toward implementation."—Professor Andrea Roncoroni, ESSEC Business School"This book represents a valuable synthesis of the most relevant classical concepts on commodity markets and of the related financial models. The theoretical arguments are presented in a clear and rigorous way, and a great effort is spent on proposing paradigmatic applications. A very informative methodological appendix assists the reader in grasping a great part of the computational details. I am strongly convinced that this work can effectively act as a textbook for high-level students as well as handbook for scholars."—Professor Roy Cerqueti, Università degli Studi di Macerata"Financial Modelling in Commodity Markets provides an accessible and clear introduction to important stochastic models for finance, with a special focus on energy markets. Different from competing textbooks, a particular emphasis is placed on the practical implementation of different models and techniques. The exercises at the end of each chapter represent a useful pedagogical tool. This book will be a valuable addition to the library of every graduate student and practitioner in the field."—Professor Claudio Fontana, University of Padova

• 1. Commodity-linked Products. 2. Spot Price Modelling. 3. Forward Price Modelling. 4. Derivative Valuation. 5. Applications. 6. Essential Statistics and Data Analysis. Bibliography. Index.