Rising Oil Prices Turning Q4 Oil Hedges Red

The 20% rise in oil prices since the beginning of September has put the US shale industry‚Äôs hedging programs in a precarious position. The 40 US-focused E&Ps covered in our HedgeAware platform have hedged a greater share of their ongoing oil production volumes for Q4 2017 than any of the previous seven quarters, if not[…]