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Message: <blockquote data-quote="x-pert" data-source="post: 3517006" data-attributes="member: 837">Hedging was a good deal if the crude oil prices kept on increasing. But since the prices got reduced, it has back fired. overview of hedging deal is something like selling fuel for the same price for a particular period. So as you can realise, if the prices kept on increasing, CPC would have sold fuel for the same price (i.e. without increasing the price) But now, since they have never forcasted a price fall in crude oil, they have to sell fuel for higher prices due to the deal...</blockquote>

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