Shell becomes first oil company to join Mexico's hedging programme - Bloomberg

Royal Dutch Shell Plc participated in Mexico's oil hedging programme for 2017, the first time an oil company has taken part in the world's large commodities hedging programme, according to Bloomberg, citing four people with knowledge of the matter. Shell's trading unit was one of the seven counterparties to the Mexican government, the report said, adding that their involvement is the first known participation since Mexico started to lock in prices regularly 15 years ago. Earlier this week, Mexic