Oil firm hedging leave them a levered bet
The derivatives hedging strategies of big name oil producers in recent years have left them levered on swings in the spot price of oil — a position that makes them a risky but potentially lucrative bet for investors.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
