RE: Brent crude dow to $90.03. Looks like the25 Oct 2022 11:38
Scotty1238.
I am obviously aware Aviation fuel, just like our petrol and diesel do not instantly go up or down with the price of crude. It takes weeks for the crude oil price fluctuations to affect the actual price of the fuels. From my experience with brent crude affecting the petrol price at the pump in the UK it is one to 2 weeks. I have no idea how long it is with aviation fuel. But I do know in time the difference is reflected in the price. So for the aviation fuel that is not hedged the recent fall in the price of crude can only be good for the airlines.
All IMHO.