FYI: Oil prices are having a good day today on optimism regarding a potential production cut at the OPEC meeting later this month. Since the election just under two weeks ago, the price of WTI crude oil has rallied just over 4%, so it hasn’t been a major move in either direction nor one that companies who use a lot of oil (like airlines) would be overly concerned about at this point.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/oil-price-changes-in-different-currencies/
