To hedge or not to hedge
Description: 2 p In: Petroleum Economist Vol. 72, no. 3 (mar. 2005) ; p. 18-20Summary: 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.| Current library | Status | Barcode | |
|---|---|---|---|
| Biblioteca Alejandro Angel Bulgheroni | Not for loan | 200035263 |
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.
