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/biz/ - Business & Finance

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>> No.1291690 [View]
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1291690

>>1291653
I work for an oil company and we are praying we can get better than 50 for our WTI. Hedging team has been having many meetings. Investment bank is doing the deals for us because they finance us. We want to do caps and collars because the boss can tell investors they are "costless collars" (One side pays for the other...) but in the oil business there is nothing that is "costless". Of course, if oil prices go above the cap we've got to pay the bank the excess over the cap. We don't get billed until we owe over $1 million above the cap.

>> No.849468 [View]
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849468

>>849439
>Got to love dipshit panic trading.
Dude.

>> No.714043 [View]
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714043

Electricity traders are the Kardashians of the energy trading business.

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