1994-07-08, English, Article, Journal or magazine article edition: Oil-producing countries pushed to hedge against price swings. Gottschalk, Arthur

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Bookmark: https://trove.nla.gov.au/version/110637836
Physical Description
  • Magazine/​Journal article
Published
  • UBM Global Trade, Inc., 1994 July 8
Language
  • English

Edition details

Title
  • Oil-producing countries pushed to hedge against price swings.
Appears In
  • Journal of Commerce and Commercial, v400, no.n28263, 1994 July 8, p11B(1) (ISSN: 1088-7407)
Author
  • Gottschalk, Arthur
Published
  • UBM Global Trade, Inc., 1994 July 8
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Oil-producing countries are being pressured to hedge against price changes by taking part in futures trading and other related financial markets, which play a significant role in setting oil prices. The oil producers realized that non-participation in futures trading activities would leave them powerless against the volatility of such markets. They are also apprehensive about the World Bank's role in the stabilization of revenues of developing nations. OPEC-member countries such as Saudi Arabia and Kuwait are also analyzing the beneficial prospects of futures trading.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15589881

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