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2. There was a crash in the petrol prices in April 2020. Petrol prices saw the lowest levels in history, even the negative numbers in

2. There was a crash in the petrol prices in April 2020. Petrol prices saw the lowest levels in history, even the negative numbers in some contracts. Assume you are an oil producer. What instruments could you use before this crash to hedge your future income. Please explain in detail and use numbers if necessary.

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