POLICY

Oil profit to hit new high but moves from Washington could halve that

2021 pre-hedge oil profit could beat 2019

Oil profit to hit new high but moves from Washington could halve that

Rystad Energy finds that if WTI futures stay at $60 per barrel this year producers will see pre-hedge profit of $195 billion, creating a new record after 2019's bumper year. However hedging losses...

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