Reuters details the real price of Occidental's 'costless' oil hedge | Reuters News Agency

Reuters details the real price of Occidental’s ‘costless’ oil hedge

Reuters took readers on a deep dive into how, in just 12 days, Occidental Petroleum Corp pulled off one of the biggest hedges against falling oil prices ever placed by a U.S. energy company. It characterized the transaction as "costless" but a Reuters review of regulatory filings, market data and interviews showed that’s not the whole story.

Article Tags
Type: Reuters Best
Sectors: Commodities & Energy
Regions: Americas
Win Types: Storytelling
Story Types: Human Interest / Feature
5e2a0cc6-1f40-42c1-afa3-7090ac130004
Sign up for email updates
Subscribe
Sign up for email updates