Despite the fact that American shale oil producers have ramped up their hedging activity over the past three months, amid falling oil prices triggered by economic uncertainty and tariff policy by the Trump administration, by recent historic standards, hedging remains low. According to a Standard Chartered survey of 40 independent U.S. oil and gas companies, liquids production in the first quarter clocked in at 7.359 million barrels per day (mb/d), good for a 3.8% Q/Q decline. The hedge ratio for the current year stood at just 25.7% by the…
Hence then, the article about american shale patch is under hedged but bullishly optimistic was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( American Shale Patch Is Under-Hedged But Bullishly Optimistic )