Economic Impacts of Iran War
04-03-2026 | 05:42 AM
#574
Gets Weekends Off
Joined: Mar 2014
Posts: 4,153
Likes: 337
The price of oil is almost immaterial at this point, it's the crack spread that is the big news. Jet A is almost at $5 here in the US.
Lufthansa is parking jets
https://finance.yahoo.com/sectors/en...162028880.html
We're above the level we were in 2022 with far more capacity in the system. The disruption exceeds the 1973 and 1979 energy crisis combined.
Lufthansa is parking jets
https://finance.yahoo.com/sectors/en...162028880.html
We're above the level we were in 2022 with far more capacity in the system. The disruption exceeds the 1973 and 1979 energy crisis combined.
04-03-2026 | 05:55 AM
#575
Gets Weekends Off
Joined: Apr 2018
Posts: 3,598
Likes: 45
Who should I listen to? Armchair quarterbacks on APC that view things with their own political bias, or people who actually put up their own money. For every futures contract, there is a buyer and a seller that determines the price. IOW.... the fair value of whether they think they will make money or lose money.
Currently the futures contract for DEC is $72/barrel. That may or may not prove to be true 7 months from now..... but as of now, that's what I would consider to be a more logical input/thought as opposed to the politically biased APC opinionated "rants"
Currently the futures contract for DEC is $72/barrel. That may or may not prove to be true 7 months from now..... but as of now, that's what I would consider to be a more logical input/thought as opposed to the politically biased APC opinionated "rants"
04-03-2026 | 06:20 AM
#577
Perennial Reserve
Joined: Jan 2018
Posts: 14,236
Likes: 254
Who should I listen to? Armchair quarterbacks on APC that view things with their own political bias, or people who actually put up their own money. For every futures contract, there is a buyer and a seller that determines the price. IOW.... the fair value of whether they think they will make money or lose money.
Currently the futures contract for DEC is $72/barrel. That may or may not prove to be true 7 months from now..... but as of now, that's what I would consider to be a more logical input/thought as opposed to the politically biased APC opinionated "rants"
Currently the futures contract for DEC is $72/barrel. That may or may not prove to be true 7 months from now..... but as of now, that's what I would consider to be a more logical input/thought as opposed to the politically biased APC opinionated "rants"
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04-03-2026 | 06:45 AM
#580
Line Holder
Joined: Sep 2025
Posts: 323
Likes: 210
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