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hweb2

04/11/23 9:49 AM

#104362 RE: jtomm #104357

Sure here ya go on BDCO. When ya look at diesel crack spreads, this is what has me worried. Dropping below $20 recently. When they averaged more like $40-$60 for much of the past year. Given the thin margins for refiners...can't be good. Now maybe diesel crack spreads will rebound significantly. But with a recession looming, maybe they'll slide even lower?

https://www.neste.com/investors/market-data/oil-product-margins#fd280202

Jet fuel is the other big one for BDCO. If you click on this chart for the past year, jet fuel prices are also low. Although not down as dramatically as diesel crack spreads.

https://www.airlines.org/dataset/argus-us-jet-fuel-index/