Go Back  Airline Pilot Central Forums > Pilot Lounge > Money Talk
Is inflation looming? >

Is inflation looming?

Notices
Money Talk Your hard-earned money

Is inflation looming?

Old 11-10-2021, 11:22 AM
  #81  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 12-02-2021, 02:35 AM
  #82  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 12-10-2021, 06:43 AM
  #83  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 12-13-2021, 10:10 AM
  #84  
Gets Weekends Off
 
Stryker172's Avatar
 
Joined APC: Mar 2013
Position: C-172
Posts: 463
Default

This is what it's like to be Built Back Better.
Stryker172 is offline  
Old 12-13-2021, 02:55 PM
  #85  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 12-17-2021, 06:16 AM
  #86  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 12-30-2021, 06:58 AM
  #87  
Gets Weekends Off
 
SonicFlyer's Avatar
 
Joined APC: Apr 2017
Posts: 3,574
Thumbs down

https://www.youtube.com/watch?v=2gycgEsHXIc
SonicFlyer is offline  
Old 01-14-2022, 04:12 AM
  #88  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Old 01-19-2022, 02:07 PM
  #89  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default



Global benchmark Brent crude has jumped 25% to around $88 a barrel since the end of November. Some in the market now think it’s now a question of when -- not if -- oil hits triple digits, somewhere it hasn’t been since 2014.

Goldman Sachs Group Inc. said this week it sees prices reaching $100 in the third quarter as consumption surprises to the upside. The cost of $100 call options for Brent’s December contract also surged to a record on Wednesday.

Crude at that level would add to the already considerable inflationary pressure in the global economy, causing a headache for central banks and governments. It’s certainly not a fait accompli, however. U.S. shale is coming back and has the potential to restrain the rally, while all eyes are on China to see if omicron can breach Covid-19 defenses that have so far proved mostly impenetrable.

Here’s a closer look at how oil got here and where it’s likely to go next:

Demand Marches Onward

Oil has now more than recovered from the discovery of omicron in late November, which revived memories of delta and sent Brent tumbling below $70 a barrel. The relative mildness of the variant, high vaccination rates in much of the developed world, and a general reluctance to impose harsh lockdowns meant that a major hit to consumption didn’t happen.

Demand is roaring, with spot market cargoes being snapped up at sharply higher premiums. It’s the same in the product space. Middle-distillate stockpiles at the Asian energy hub of Singapore have fallen to the least since 2013. The world is short of diesel, and even jet fuel -- the oil product hit hardest by the pandemic -- is coming back strong as long-distance air travel starts to resume.
Excargodog is offline  
Old 01-21-2022, 06:44 AM
  #90  
Perennial Reserve
Thread Starter
 
Excargodog's Avatar
 
Joined APC: Jan 2018
Posts: 11,409
Default

Excargodog is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Denny Crane
Delta
392
10-07-2018 11:18 AM
UnskilledFXer
FedEx
46
09-20-2015 06:46 AM
Fly FDX
Cargo
44
02-21-2011 06:11 AM
ryan1234
Money Talk
4
02-18-2009 07:16 PM
BoilerUP
Regional
3
10-27-2007 04:14 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices