U.S. oil producers rapidly increased hedging activities to lock in higher prices following a surge triggered by Israel's strike on Iranian facilities. Hedge trades hit record highs on platforms like ...
Independent oil companies rushed to increase hedges during the recent oil price spike. These three companies are strong candidates to have done so, based on their existing hedging strategies.
LONDON (Reuters) - Europe's major airlines are deciding against striking new fuel hedging agreements for next year despite the plummeting oil price, as the global credit crisis and the collapse of ...
LONDON (Reuters) - One of the world's biggest traders, Trafigura, booked a $254 million loss from oil and gas market hedges last year, highlighting the challenges traders face when taking large loans ...