Jet fuel crack spread Loading... : Investor Sentiment and Bull/Bear Views
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07:38
Feb 03
Feb 03
Jet fuel crack spread stays structurally wide.
Jet fuel prices have not fallen with crude; the jet fuel crack spread has widened to a level that may be structural, with the difference between jet fuel and crude expected near 40% versus a 2010-2019 average of about 20%. Fuel is at least 25% of airline costs, so this continues to pressure airlines and supports the jet fuel crack spread.
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About Jet fuel crack spread Investor Commentary
Across the available history and selected sources, Buzzberg tracks Jet fuel crack spread across 1 sources: 1 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Latest voices: Willie Walsh.