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4th Dec 2017, 10:22
Replies: 21
Views: 11,399
Posted By Fuelhedger

You are correct but you have missed out the price...

You are correct but you have missed out the price of the hedging contract itself.

Wouldn't no hedging be better?

Spot $80
2 barrels at spot. Total cost $160 plus $0 due to no hedging cost.
...
3rd Dec 2017, 12:31
Replies: 21
Views: 11,399
Posted By Fuelhedger

More Fuel hedging? Seriously?

Russia and Saudi Arabia alone produce almost as much oil as the rest of OPEC combined,” says Jim.

That means even if smaller OPEC members cheat on the production caps — which happens a lot — it...
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