Baran + 5 BB April 10, 2020 (edited) Dear users, I hope I am asking a logical question and hope to receive an answer. What commodities price does rise specifically just because oil prices dropped down. Regardless of any other factors out there. What is the opposite of oil prices? No matter it's rising and the other one declining or the other way around. Thank you Edited April 10, 2020 by Tom Kirkman Moderator edit - changed thread title from "Mr" to "What is the opposite of oil prices?" 1 Quote Share this post Link to post Share on other sites
JoMack + 549 JM April 11, 2020 Crude oil prices are too volatile. Nothing can increase with crude oil prices decreasing and vice versa except shorts and hedging prices for contracts. 1 Quote Share this post Link to post Share on other sites
James Regan + 1,776 April 11, 2020 (edited) Always worth keeping your eye on especially during scary moments. https://seekingalpha.com/article/4336980-golds-main-risk-sudden-drop-in-long-term-oil-futures Edited April 11, 2020 by James Regan 2 Quote Share this post Link to post Share on other sites
surrept33 + 609 st April 12, 2020 Historically, the dollar index. 1 Quote Share this post Link to post Share on other sites
Baran + 5 BB April 12, 2020 22 hours ago, JoMack said: Crude oil prices are too volatile. Nothing can increase with crude oil prices decreasing and vice versa except shorts and hedging prices for contracts. Thank you. I thought maybe gas prices or any other commodity moves the opposite direction of oil prices. Quote Share this post Link to post Share on other sites
Baran + 5 BB April 12, 2020 8 hours ago, James Regan said: Always worth keeping your eye on especially during scary moments. https://seekingalpha.com/article/4336980-golds-main-risk-sudden-drop-in-long-term-oil-futures Thank you Quote Share this post Link to post Share on other sites
Baran + 5 BB April 12, 2020 3 hours ago, surrept33 said: Historically, the dollar index. Thank you Quote Share this post Link to post Share on other sites
Jan van Eck + 7,558 MG April 12, 2020 Jet-fuel is the big factor in air carrier operations. I think you will find that, when oil prices drop, jet-fuel prices will drop, and then after the air carriers burn off their hedging contract fuel purchases, they will be buying cheaper fuel, have higher profits, and their stock values typically increase. That seems to have been the historical pattern, although now we are into new algorithms! You will likely see the same correlation in ocean shipping. Fuel is the biggest expense by far for large ships. Quote Share this post Link to post Share on other sites
Baran + 5 BB April 18, 2020 On 4/12/2020 at 11:35 AM, Jan van Eck said: Jet-fuel is the big factor in air carrier operations. I think you will find that, when oil prices drop, jet-fuel prices will drop, and then after the air carriers burn off their hedging contract fuel purchases, they will be buying cheaper fuel, have higher profits, and their stock values typically increase. That seems to have been the historical pattern, although now we are into new algorithms! You will likely see the same correlation in ocean shipping. Fuel is the biggest expense by far for large ships. Thank you. Didn't see your reply sorry. I just added another question regarding physical commodities trading companies top ten kind of list. If you have any suggestions I am all ears. Quote Share this post Link to post Share on other sites
James Regan + 1,776 April 18, 2020 On 4/11/2020 at 4:50 PM, James Regan said: Always worth keeping your eye on especially during scary moments. https://seekingalpha.com/article/4336980-golds-main-risk-sudden-drop-in-long-term-oil-futures @Baran Quote Share this post Link to post Share on other sites