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|| Occidental Petroleum stops hedging oil In 2022 after losing $339 million

Hedging is not easy. Occidental Petroleum, NYSE-listed oil & gas company, has reported it has lost an estimated $339 million from its oil and gas hedges in 2021 through Sept. 30

Now Bloomberg is reporting that Occidental will all but end hedging next year due to the run-up in oil and gas prices.

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For the past decade we have been helping many oil traders use derivative markets to hedge against price risk. We also provide industry news, from the heart of Dubai, which will help take out commercial and political risks.







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