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Learning, Sharing, and Teaching => Investor Alley => Topic started by: bwall on April 22, 2020, 01:57:26 PM

Title: Hedging oil production via the futures market
Post by: bwall on April 22, 2020, 01:57:26 PM

Here's an interesting article on how Mexico locked in a much higher oil price earlier. It states that Mexico is one of the largest sellers in the market, which means that larger participants (Russia, Saudi, Kuwait, etc) are not participating in this market.

https://finance.yahoo.com/news/6-billion-windfall-mexicos-massive-152046331.html (https://finance.yahoo.com/news/6-billion-windfall-mexicos-massive-152046331.html)

I'm glad that the low oil prices won't blow a hole in their budget.