Insight
Surge in oil hedging exacerbates US supply glut
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Producers rushed to lock in oil prices higher than US$50/bbl after OPEC's November announcement. Our peer group of the 33 largest oil companies with active hedging programmes added more volume of oil hedges during Q4 than in any of the previous four quarters. Those producers – most of which are highly exposed to US tight oil – are partially insulated from recent price weakness. Derivative gains will help fund part of the budget gaps that would result from sub-US$50/bbl oil prices.
Table of contents
- Surge in oil hedging exacerbates US supply glut
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Biomethane market report: Brazil
An overview of the biomethane policy landscape, supply, demand and market outlook in Brazil
$950
Insight
Next-generation geothermal: assessing the market landscape
The next-generation geothermal market is evolving, driven by growing investor confidence, technological advances, and new partnerships.
$1,250
Insight
Reexamining Lower 48 oil supply elasticity
How much do oil prices need to swing to significantly change US Lower 48 production and activity?
$1,350
