No. 03


Crude Market Volatility Is Here To Stay

by Liz Bossley

The following article is based on a new study on the Brent market by Cambridge Energy Research Associates (CERA), called The Hole in the Barrel. The study explains how oil companies can protect themselves from rising oil price volatility and minimize the disadvantages of hedging, while arguing that oil companies have more scope for raising revenues, for a given volume of production, than they may realize. Liz...