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Indeed, WTI and Brent oil futures are commonly employed for hedging uses by individuals from the oil field. Oil producers, refiners, as well as other marketplace participants often use futures contracts to control their exposure to price volatility.
WTI and Brent oil futures are money contracts that let individuals to take a position on the long run price of crude oil.
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Robert Rapier is often a chemical engineer within the Electricity business. He has 25 yrs of international engineering practical experience within the chemical, oil and gasoline, and…
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By taking positions in oil futures, they might offset likely losses from adverse price actions in the Bodily market, delivering a sort of insurance plan towards selling price hazards.
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Oil demand is about to plateau rather then drop off a cliff immediately after here it peaks, the Intercontinental Power Agency (IEA) predicted this week,…
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