India: Experts urge govt to lock in crude oil purchases as prices start rising

Capt. John

As oil prices start firming up from decades low, experts are suggesting the Indian government hedge part of its oil import to lock in the low price for the future. Admittedly, hedging of oil by importing countries is not common, but gaining traction. Egypt, Ghana, Jamaica, etc, have started...

https://www.hellenicshippingnews.com/india-experts-urge-govt-to-lock-in-crude-oil-purchases-as-prices-start-rising-as-oil-prices-start-firming-up-from-decades-low-experts-are-suggesting-the-indian-government-hedge-part-of-its-oil-impor/

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