We are witnessing a massive squeeze on European Jet Kerosene. The diff versus Ice Gasoil (its most liquid referebce) is going parabolic.
=> huge losses coming for many airline companies hedging programs since proxy against GO or Brent it's very common.
#airlines#Hedge#squeeze
What is the huge money mgmt/speculation business if not the negation (and the consequent struggle against) of the 1st Commandment?
#FirstTweet#Speculation#HedgeFund
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