18-Jun-2010 4:51 PM
Oil prices still volatile. The perils of hedging
Analysis
Oil prices ended a three-day rally on Thursday, again triggered by weaker-than-anticipated US economic data. After a three-week slump, which saw the price of WTI crude down to almost USD60 per barrel in late May-2010, oil prices have recovered to spend most of the first two weeks of Jun-2010 around USD75 per barrel.
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