US Oil Producers Rushed To Hedge… Just In Time Authored by Tsvetana Paraskova via OilPrice.com, U.S. oil producers rapidly increased hedging activities to lock in higher prices following a surge triggered by Israel’s strike on Iranian facilities. Hedge trades hit record highs on platforms like Aegis Hedging as producers anticipated short-term price spikes, aiming to protect profits amid geopolitical risks. With a ceasefire now easing geopolitical tensions, the window for securing higher oil prices has quickly closed, returning WTI to pre-conflict levels around $65 per barrel. U.S. oil producers flocked to hedge higher prices for their output for the rest… — Continue at ZeroHedge News : Read More
