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Oil producers used the threat of war to hedge
Posted on 6/24/25 at 7:11 am
Posted on 6/24/25 at 7:11 am
quote:LINKOilprice
U.S. oil producers flocked to hedge higher prices for their output for the rest of the year and early into 2026 as international crude oil prices surged earlier this month.
Early on June 13 local time, Israel attacked Iranian nuclear facilities and military leadership in coordinated strikes that sent oil prices surging amid concerns that an escalating conflict could disrupt oil flows from the Middle East.
On the night of June 12 and the following morning, Texas-based Aegis Hedging Solutions – a company with a platform for oil producers’ hedging – registered its highest-ever number of hedge trades, Aegis Hedging’s president Matt Marshall told Bloomberg.
Good job!
1
Posted on 6/24/25 at 9:26 am to bigjoe1
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