Oil Market Turns Upside Down as Shale Rushes to Hedge Post-OPEC
EghtesadOnline: U.S. shale oil companies are using the post-OPEC rally to hedge their oil price risk for next year and 2018 above $50 a barrel, bankers, merchants and brokers said, pushing the forward oil curve upside down.
|
Publish Date:05/December/2016 | 11:24