Heastie: COVID-19 uncertainty led to BPL's July fuel hedging action

Mon, Jul 20th 2020, 08:30 AM

With Bahamian consumers locked into paying a fuel surcharge of 10.5 cents for the next 18 months after Bahamas Power and Light (BPL) successfully completed its first hedging transaction, its Chief Executive Officer Whitney Heastie yesterday defended its timing. With global crude oil prices dipping [...]
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