Originally Posted by
Flying Monkey
To anyone in the know: Why is the DeltaNet page showing prices for Brent Crude Oil, instead of Light Crude like they used too. To me, it seems more inflammatory to use a higher priced index. Just didn't know if there was a valid reason for it.
DAL thought it would try to out smart the market by hedging in Brent because it is easier to trade/store ie heating oil.... Now the bottom is falling out if light crude and again DAL is taking a bath. Another reason to not bank on profit sharing for more money...