Energy JP Morgan
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LONDON, Nov 11 (Reuters) - Wild swings on metals markets have created cash flow uncertainty for producers, but high costs are expected to deter them from using hedging, or selling forward, to protect their revenues. An exception could be the biggest commodity market oil, where the downside price risk is limited by OPEC's willingness to intervene, which has moderated the slide. In other markets, declines have been tempered as firms have shut loss-making output, but few are ruling out further falls… More information...
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