Mário Correia Fernandes holds a PhD degree in Finance from ISCTE-IUL Business School. Mario is currently Invited Professor in Economics and Finance at the ISCAL - Lisbon Accounting and Business School (Polytechnic Institute of Lisbon). Integrated member of the ISCTE-BRU. He is also Risk Manager at Galp Energia, with experience in financial controlling, credit risk, valuation and risk management. His research focuses are on energy economics, empirical finance and financial econometrics. He has published in the Journal of Futures Markets, the Economic Modelling, Applied Economics and in the Economic Analysis and Policy. Invited referee of several scientific journals.