CALGARY, Alberta Canadian energy producers are giving up hoping for a big rebound in oil prices, preparing instead to embark on a course of belated hedging if crude prices edge just a few dollars higher. As crude markets collapsed during the first half of this year, Canada’s oil producers held back on hedging on concern they would lock in prices at barely break-even rates. That may be about to change. A rally in U.S. crude CLc1 from $60 a barrel today to about $65 could trigger a wave of selling from Canadian companies eager to build up protection against a second price slump, according to market sources in Calgary. Many allowed their hedging activity to lapse since last year, when oil tumbled to a six-year low near $42 a barrel. Canadian producers are between 10 percent and 20 percent underhedged compared with the same time last year, banking sources […]