To hedge or not to hedge
Bossley, Liz
To hedge or not to hedge - 2 p.
A successful hedge policy only achieves the objective of ironing out oil price and cash-flow fluctuations if it is applied consistently from year to year. Having lost on hedges in 2004, oil companies run the risk of losing from a subsequent oil-price fall if they do not hedge future production.
To hedge or not to hedge - 2 p.
A successful hedge policy only achieves the objective of ironing out oil price and cash-flow fluctuations if it is applied consistently from year to year. Having lost on hedges in 2004, oil companies run the risk of losing from a subsequent oil-price fall if they do not hedge future production.
