Oil Hedging Hit Record High Last Week After New US Sanctions on Russia

By Georgina Mccartney HOUSTON, Jan 14 (Reuters) – Demand to lock in oil and gas prices jumped to a record high on Friday on the AEGIS hedging marketplace, as the harshest U.S. sanctions yet on Russian energy trade sent oil prices to multi-month highs. AEGIS, which says its clients’ business represents about 25-30% of total … Read more