Insight
Hedging activity tumbles in Q1 2017
Report summary
Producers tapered oil-hedging activity in Q1 2017. We believe this was driven by general price weakness and the fact that companies were already well-hedged for 2017 entering Q1. Last November, operators rushed to lock in oil prices above US$50/bbl when OPEC announced plans to cut production. Most new hedges in Q1 were on the gas side. Swaps were the most popular type of contract used, accounting for 54% of new derivatives, up from 38% the previous quarter.
Table of contents
- Hedging activity tumbles in Q1 2017
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Value-in-use iron ore costs Q1 2024
Q1 2024 iron ore value-in-use adjusted costs are up 2.2% compared to last quarter and margins are decreasing due to lower prices.
$5,000
Asset Report
Ramu - Cobalt Mine
A detailed analysis of the Jinchuan nickel-cobalt operation.
$2,250
Insight
US upstream week in brief: Q1 2024 archive
The US week in brief highlights the need-to-know current events from US upstream. Stories are supplemented with proprietary Woodmac views.
$1,350