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Petrobras announces hedging program for diesel prices

Saturday, December 29th 2018 - 07:44 UTC
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Brazil’s Petrobras has approved a hedging program for diesel prices in a bid to boost pricing flexibility, the state-run oil firm said in a filing on Friday. While Petrobras did not detail how its diesel hedging program would be structured, it said the move was similar to a measure taken in September, when the company introduced a hedging program for gasoline. Read full article

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  • :o))

    PB & the other Crude Oil Producers must accept the reality - the fact that Fossil-Fuels are on the way out; slowly, gradually, surely replaced by the sustainable alternative non-polluting fuels. The Next Race will not be for increasing prices/profits but for getting rid of all the stock at any price; well before it becomes totally redundant.

    Jan 05th, 2019 - 12:47 pm - Link - Report abuse 0

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