Fuel Prices Linked to the Oil Market

N

Naylorben

#1
Hi all,
does anyone know of any financial tools used to montitor or measure the fluctuation of the fuel prices linked to the oil industry?

Also, has any one heard of a educational tool called the "Oil Tree"? I believe it is used to illustrate the diversity of oil products in todays world markets.

Regards
 
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Stijloor

Staff member
Super Moderator
#2
Re: Fuel prices linked to the oil market.

Hi all,
does anyone know of any financial tools used to montitor or measure the fluctuation of the fuel prices linked to the oil industry?

Also, has any one heard of a educational tool called the "Oil Tree"? I believe it is used to illustrate the diversity of oil products in todays world markets.

Regards
Wasn't this covered in this thread: Fuel Prices Link To The Oil Market - The Oil Tree?

Stijloor.
 
N

Naylorben

#3
Re: Fuel prices linked to the oil market.

Not really buddy, it was a little vague, it held a lot of information regarding the sourcing of oil products and the basic supply chain.

I really need to get my teeth in to how the products are broken down in the market. Any ideas?

Thanks for your response!
 

Stijloor

Staff member
Super Moderator
#4
Re: Fuel prices linked to the oil market.

Not really buddy, it was a little vague, it held a lot of information regarding the sourcing of oil products and the basic supply chain.

I really need to get my teeth in to how the products are broken down in the market. Any ideas?

Thanks for your response!
What research regarding this topic have you conducted that you can share with us? That could lead us in some direction.

Stijloor.
 
N

Naylorben

#5
Re: Fuel prices linked to the oil market.

We are a private jet business over in Europe and ship a lot of spares worldwide. We are currently reviewing how we bill our customers for transport and would like to have a concrete format for doing so. We believe that the current charge rate is between 7 - 11% of the price of the part. But we are trying to confirm.

Regards
 

Marc

Hunkered Down for the Duration with a Mask on...
Staff member
Admin
#6
Re: Fuel prices linked to the oil market.

There is no direct link between the price of oil and the price of distillates such as jet fuel. The price of oil has an effect on fuel prices, but the main factor is the refinery product price.

While it would be interesting if one could build a dependency model, it would necessarily be a very rough endeavor. If you want to see what I mean, take fuel prices over the last 5 to 10 years and graph them against the price of a barrel of oil. I *think* that's the correlation you're looking for - Price of a Barrel of Oil vs. Cost of Jet Fuel to answer the question "Can we predict fuel cost based upon the price of a barrel of oil."
 
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