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U.S. shale firms hesitate to pump - or hedge - more, despite oil high prices

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NEW YORK OPEC’s sudden disarray would seem to be an opportunity for U.S. shale producers to lock in profits, with oil prices near multi-year-highs, but sources at those companies say they are not taking chances with the market’s volatility.
Shale producers are famous for boosting output whenever oil prices surge. However, the shale industry has been notably restrained so far this year even as oil surged past $70 a barrel. They have maintained a lower level of production after vowing to investors that they would hold the line on spending to boost returns.
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US shale firms hesitate to pump — or hedge — more, despite oil high prices

US shale firms hesitate to pump — or hedge — more, despite oil high prices
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Shale Rushes to Lock In Oil Rally

Shale Rushes to Lock In Oil Rally
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Shale operators race to lock in hedges as OPEC pushes oil prices to multi-year highs

Shale operators race to lock in hedges as OPEC pushes oil prices to multi-year highs
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