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E Bakken Update: Eagle Ford Hedges May Provide Downward Oil Price Pressures

Article By:
Michael Filloon
Friday, June 17, 2016 10:10 AM EST
Permian operators began hedging in the $40s/bbl. Eagle Ford and Bakken E&Ps are also beginning to lock in 2016 and 2017 prices. This increase in hedging around $50/bbl is creating a resistance point for oil prices.