
U.S. shale producer EOG pays $847 mln to settle third-quarter hedges
US News Shale oil and gas producer EOG Resources Inc paid $847 million during the third quarter to settle wrong-way bets on energy prices, the company said in a regulatory filing on Tuesday. Russia’s invasion of Ukraine sent energy prices soaring since February, although they cooled off from decade highs towards the end of September. U.S. crude oil averaged