New York Mercantile Exchange
-
Morgan Stanley, Goldman Sachs Expect Oil Prices To Head Back North
… decrease in fuel prices." Brent Crude has fallen to $111 per barrel from an April peak of $130. On the New York Mercantile Exchange today, light crude oil was trading around $98 per barrel, down 12 percent during the past month. Last …
-
Airlines Fighting High Fuel Prices With Fare Hikes
On the first business day of the year, West Texas Intermediate crude oil opened at $91.30 on the New York Mercantile Exchange . On the last day of the first quarter, it closed at $106.72 and since has continued its climb. Many U.S. airlines …
-
Rising Oil Prices Prompt Airline Capacity Cuts, Fare Hikes
… reduce capacity." US Airways expects 2011 mainline capacity to grow 2 percent from last year. West Texas Intermediate crude oil has hovered above $100 a barrel this month and today traded above $105 on the New York Mercantile Exchange .
-
Singapore Airlines raised fuel surcharges by $3 to $25 based on flight length
. It was the carrier's first such increase since September 2008, as crude oil futures this week on the New York Mercantile Exchange hovered at their highest levels in more than two years, topping $88 per barrel.
-
Egencia Forecasts Lowest U.S. Air Capacity Since 2001, ATP To Fall Further
… certain," he said. Egencia's analysis correlated the relationship between oil pricing and ATP based on New York Mercantile Exchange futures pricing and internal Expedia data. Meanwhile, average ticket prices and average daily lodging …
-
Op-Ed: Oil Speculators Playing Two-Headed Coin
… public prodding, found that the Swiss energy firm Vitol had secured 11 percent of the oil contracts on the New York Mercantile Exchange . The CFTC data infers that financial firms comprised more than 80 percent of the oil contracts on that …
-
Air Canada To Erase Second-Bag Fee As Fuel Price Ebbs
… 23. When Air Canada announced the second-bag charge in April, light sweet crude oil traded on the New York Mercantile Exchange at around $117. The cost per barrel this week hovered below $100. The carrier today also said it would …
-
Air France and KLM Royal Dutch Airlines announced new increases for fuel surcharges applied to passenger tickets
… withdrawn as soon as the price of the barrel drops below $65 for 30 consecutive days," according to an Air France statement. In afternoon trading, a barrel of crude oil on the New York Mercantile Exchange was priced near $76.50.
-
American Leads U.S. Carrier Fare Hike Chorus
… Mexico and the Caribbean. Crude oil for May delivery rose to more than $72 a barrel, according to the New York Mercantile Exchange . Continental president Jeff Smisek today during the carrier's first-quarter earnings call noted that …
-
Crude oil prices
nearing $70 per barrel (on the New York Mercantile Exchange ) again prompted international airlines to hike surcharges on passenger tickets. "With few exceptions," American Airlines yesterday …
