Energy Risk Magazine, in its annual Energy Risk Commodity Rankings, named Morgan Stanley Commodities the Top Dealer Overall and Top Electricity Dealer Overall.

Morgan Stanley Commodities has been consistently highly ranked by its customers in this leading industry survey, having earned the top energy dealer ranking, and placed first in over 15 sub-categories, in each of the past three years.

The group was also ranked:

#2 Natural Gas Dealer Overall

The Firm ranked first in the following sub-categories:

U.S. - Products: Heating Oil

U.S. - Products: Residuals

UK/Europe - Crude: Brent Options

UK/Europe - Products: Gas Oil Cracks

Eastern U.S. - Natural Gas: Long Term and Short Term 

Western U.S. - Natural Gas: Options

Western U.S. - Electricity: Long Term

Western U.S. - Electricity: Options

Canada - Electricity

Wet Freight

Dry Freight

Looking ahead, the editors are calling for an even more rocky 2009, "as the global economy slows and the banking industry is restructured. In these uncertain, volatile times, the need for effective risk management is greater than ever."

Energy Risk received 1,465 valid votes for this year's energy and commodity poll. Voters were asked to nominate their top over the course of the year.