Airlines Hedging Oil To Protect Against Geopolitical Turmoil ...Middle East

Airlines—who has massive jet fuel bills—have been buying oil derivatives contracts to insulate themselves from the rising cost of crude oil and oil products courtesy of geopolitical tensions in the Middle East. Traders and brokers have shared with Bloomberg that they are seeing increased hedging activity since Hamas attacked Israel on October 7. Earnings calls within the airline industry have backed up what those traders and brokers are seeing, with confirmation of extra hedging—particularly in increased call options, which would…

Hence then, the article about airlines hedging oil to protect against geopolitical turmoil was published today ( Thursday 02/11/2023 - 11:44 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Airlines Hedging Oil To Protect Against Geopolitical Turmoil )

Also on site :

• Advanced Coatings and Functional Chemicals Market to Reach USD 485.40 Billion by 2033 Amid Sustainability and High-Performance Demand Strategic Revenue Insights (SRI)
• Supreme Court makes ruling on Boy Scouts sex abuse $2.46 billion settlement
• Mesirow Advises Wertheimer Box on its Sale to SupplyOne, Inc., a Portfolio Company of Revelar Capital