U.S. oil producers bet on $ 42 oil prices in 2021 – Houston Chronicle
U.S. oil producers are betting crude prices will stay low over the next year, covering some of their production at around $ 40 a barrel in 2021. Exploration and production companies have so far hedged 41% of their expected 2021 oil production at an average West Texas Intermediate price of $ 42 per barrel, 25% […]
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