U.S. shale producers lock in future sales as oil prices hit one-year high – Yahoo Finance

U.S. shale producers lock in future sales as oil prices hit one-year high – Yahoo Finance

By Devika Krishna Kumar and Jennifer Hiller NEW YORK / HOUSTON (Reuters) – U.S. shale producers are profiting from the rebound in the oil market to levels not seen in nearly a year by freezing prices for future sales, people familiar with the matter said. US crude futures this month jumped above $ 50 a […]
The post U.S. shale producers lock in future sales as oil prices hit one-year high – Yahoo…

View On WordPress