000 00722nab a2200157 4500
005 20260520002715.0
008 260224s xxu
245 0 0 _aTo hedge or not to hedge
270 _a12/09/06 ; 22/03/2005
300 _a2 p.
520 _aA 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.
773 0 _tPetroleum Economist
_gVol. 72, no. 3 (mar. 2005) ; p. 18-20
942 _cARTICULO
100 1 _aBossley, Liz
_932821
999 _c163872
_d163872