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Equinor Benefit from Natural Gas Hedge

NATURAL GAS

Equinor said today its second-quarter results would be positively impacted by between $400-550 million from trade in natural gas derivates used to hedge its physical deliveries.

  • "In the second quarter, price volatility and spreads within the European gas and power markets have been higher than normal, which means that MMP expects results above the normal guidance range," it said in a statement.
  • In the first quarter, it reported a negative hedging impact $400-$500 million.

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