US shale producers lock in future sales as oil prices rise to one-year high

Jump in crude futures sparks optimism among shale companies

Hedging bets: US shale producers are by locking in the higher oil prices for future sales — Hedging bets: US shale producers are by locking in the higher oil prices for future salesPhoto: AFP/SCANPIX

Reuters

USA North America Shale Americas North America

Published 15 January 2021, 22:23Updated 15 January 2021, 22:23