Tag Archives: fly

Oil prices have come down way too fast on Omicron variant concerns, says Goldman Sachs oil strategist Damien Courvalin. In fact, the price correction is borderline comical, per Courvalin’s calculations.  “The lack of discretionary buying activity in the face of an uncertain new COVID variant has therefore left prices in free-fall and pricing in a dire demand outlook. We estimate based on our pricing model, that the market has now priced in a mammoth c.7 mb/d [millions of barrels per day]… Source link

On Friday a flight-enthusiast passenger noticed that a Spirit Airlines (SAVE) plane that had taken off a few spots ahead of his United plane (UAL) from the Houston airport was now well him, according to a flight tracker. The passenger, who is also a licensed flight dispatcher, guessed that the Spirit flight was likely flying slower to save money, like a frugal driver on the highway. (Fuel economy usually decreases at 50mph according to the DOE.) This interesting observation exposed an open… Source link

TipRanks 3 ‘Strong Buy’ Stocks With 8% Dividend Yield Let’s talk portfolio defense. After last week’s social flash mob market manipulation, that’s a topic that should not be ignored. Now, this is not to say that the markets are collapsing. After 2% losses to close out last week’s Friday session, this week’s trading kicked off with a positive tone, as the S&P 500 rose 1.5% and the Nasdaq climbed 2.5%. The underlying bullish factors – a more stable political scene, steadily… Source link

Boeing has vowed to make flights using its planes more eco-friendly within the next decade: The aviation titan has announced its commitment to make sure its planes can fly on 100 percent sustainable fuels by 2030. It explained that making the shift to sustainable fuels is the “safest and most measurable solution to reduce aviation carbon emissions in the coming decades.” It’s also a necessary step to take for the industry to achieve its goal of slashing its carbon emissions by… Source link