Asian oil refiners are staring down deep losses after the Middle East war caused the benchmark Dubai price to soar, upending their hedging positions, according to traders. The loss of Persian Gulf s… [+395 chars]
Source: Bloomberg
Technology
Asia Oil Refiners Face Big Losses as War Upsets Hedging Strategy
Asian oil refiners are staring down deep losses after the Middle East war caused the benchmark Dubai price to soar, upending their hedging positions, according to traders.
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