UPDATE 1-Market braces for Mexico’s annual oil hedge, trading surges -sources
Trading in crude
oil options and futures surged last week as market participants
prepared for Mexico’s annual oil hedging program, in which the
country buys as much as $1 billion in contracts to protect its
oil revenues.
oil options and futures surged last week as market participants
prepared for Mexico’s annual oil hedging program, in which the
country buys as much as $1 billion in contracts to protect its
oil revenues.
Posted by Reuters
