U.S. Oil Producers Rushed to Hedge… Just in Time
When Israel’s strikes on Iranian facilities sent oil prices spiking in mid-June 2025, U.S. oil producers didn’t hesitate. With West Texas Intermediate (WTI) crude jumping from the high $50s to $75 per barrel, shale operators rushed to hedge their output, locking in juicy profits just before a ceasefire announcement by President Donald Trump cooled the […]
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