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In: Economics

World oil prices have been rapidly swinging over the last few years, in part because of...

World oil prices have been rapidly swinging over the last few years, in part because of the declining value of the U.S. dollar, changes in supply and demand, and OPEC’s attempts to manage output in order to maintain higher prices. (OPEC stands for the Organization of Petroleum Exporting Countries)

As the president of an oil producing and exporting company in Alberta:

  • Explain how you may use hedging to protect your company’s income.
  • Share a recent publication with your fellow students and your instructor.

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