Recent uptick in oil prices leads U.S. shale producers to put new hedging deals in place

Several companies working at U.S. unconventional oil fields have put new hedging deals in place within the last few days, Bloomberg reported on January 7. These producers appear to be hopeful that they can take advantage of the gains that crude oil prices have made since January 3, when a top Iranian general was killed in a U.S. drone strike.

Posted by Jennifer Delay Iacullo

Jennifer DeLay Iacullo is a freelance writer specializing in global oil, gas, and power engineering topics. She has covered the energy industry of the former Soviet Union, China, Africa, Latin America and North America for more than 20 years. She lives in Atlanta with her family.

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