Oil Price Hedging is a popular trading strategy frequently used by oil and gas producers, airlines and other heavy consumers of energy commodities to protect themselves against market fluctuations. During times of falling crude prices, oil producers normally use a short hedge to lock in oil prices if they believe prices are likely to go even lower in the future.
Oil and Gas 360 This week’s Baker Hughes Rig Count shows that U.S. had an increase of 2 over last week, resulting in a total count of 770 rigs. Canada had a decrease of 3 over last week, resulting in a total Canadian count of 209 rigs. Breakdown by region Of the regions tracked by Baker Hughes, the Ardmore Woodford
World Oil (Bloomberg) — Republicans in Congress are dusting off past plans to address climate change as they prepare for the likely prospect they will win control of at least one chamber of Congress in the midterm elections next week. Their ideas include planting millions of trees and boosting energy efficiency, hydropower, nuclear energy and carbon sequestration. They would also
Nasdaq LONDON -Oil prices rose by 4% on Friday as the dollar eased, with an EU ban on Russian oil looming large and investors weighing the prospects for an easing of China’s COVID curbs. Though fears of global recession capped gains, Brent crude futures were up $3.81, or 4.02%, at $98.48 a barrel by 1307 GMT, set for a
The ongoing rate-hike cycles of the Bank of Canada and the U.S. Federal Reserve continue to…
Magnolia Oil & Gas Corporation (NYSE: MGY) (“Magnolia” or the “…
Credit Suisse Announces Coupon Payments and Expected Coupon Payments on Credit Suisse X-L…
Global Partners LP (NYSE: GLP) (“Global” or the “Partnershipȁ…
Enbridge Reports Strong Third Quarter 2022 Financial Results and Secures B.C. Pipeline Ex…
Enbridge Announces Open Season for Natural Gas Transportation Service on T-North Pipeline…
Enbridge Announces Expansion of T-South Pipeline Segment of B.C. Pipeline System …
All amounts are in U.S. Dollars unless otherwise indicated: THIRD QUARTER 2022 HIGH…
