11.09.2013 - Higher oil prices will not help everyone
The energy world is fixated on the price of oil, but not all upstream firms benefit from price increases. Between futures, options, swaps and other techniques, there are many ways that a firm can remove pricing volatility from its bottom line. In the long run higher oil prices help the industry by making more expensive fields worth developing, but in the short run there are only a limited number of firms that benefit from volatile prices...............................................Full Article: Source
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