Crude Pricing and Jet Fuel Pricing
Hedge funds sense crude at turning point but not fuels: Kemp - Reuters News
20-Apr-2020 07:54:02 AM John Kemp is a Reuters market analyst.
"Unlike crude, few fund managers seem ready to call a turning point in the fuel price cycle yet."
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imo:
AC's approach to remaining unhedged on jet fuel will pay off in a big way. They have the ability to know when hedging will be fruitful, unlike Air France that lost a billion dollars.