Could we see oil drop another 10$ a barrel. I'm expecting builds up to middle of January.
Saudi Arabia not cutting until December.
Tankers leaving the middle East end of November will take 40 -45 days to arrive in America.
Builds for the next 10 weeks imo.
Hopefully flyb will use that opportunity to hedge!.
Best just to avoid the noise at present and sell at 30p next year like you say
1.Oil getting cheaper.
2.Cost cutting
3 Pound getting stronger.
4.increase fares.
5. Brexit deal close.