E&P firms reluctant to hedge in wake of oil collapse

US shale drillers expected to suffer as hedges expire in the second half of 2015

Oil price forecasting
Faced with the fall in crude oil prices, US E&P firms have used hedging in different ways

Since the beginning of the shale revolution, US exploration and production (E&P) firms have used cheap financing, hedging and innovations in unconventional drilling to build a world-beating