Commodities and Futures News
Equinor sees Q2 gas derivatives gain of up to $550 million
2022.07.07 11:45
FILE PHOTO: Equinor logo and stock graph are seen displayed in this illustration taken, May 3, 2022. REUTERS/Dado Ruvic/Illustration
By Nora Buli
OSLO (Reuters) – Norway’s Equinor announced on Thursday its second-quarter results would be positively impacted by between $400 million and $550 million from trade in natural gas derivatives used to hedge its physical deliveries.