Shale Giants Dump Oil Hedges as Losses Spiral Toward $42 Billion

  • Date: 03-May-2022
  • Source: Yahoo News
  • Sector:Oil & Gas
  • Country:Gulf
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Shale Giants Dump Oil Hedges as Losses Spiral Toward $42 Billion

(Bloomberg) -- U.S. shale giants stung by billions of dollars in hedging losses are spending big bucks to ditch their positions in a risky bet that prices stay high.

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