|02 / 2004|
Pilots in the sea of export risks
That old illness common to Russian oil exporters intensified as Russia's oil production surged, over 11% in 2003. This malady stems from the stubborn neglect of export hedging instruments despite the fact that they have become increasingly essential the longer world crude oil prices stay at sky-high levels.
|Main page | Print | Close window|
|OILMARKET © 2003-2018
Reprint of the materials is prohibited without written consent of the authors, other uses require reference to the original. Electronic media quotations of the materials published in the magazine and on the site are permitted only on condition of linking to this site after the quote.