Wyndham Destinations Buys Travel + Leisure From Meredith For $100 Million

“Asian demand growth this yr shall be driven by transportation fuels, especially jet from a low base with pent-up demand as international locations reopen their borders to spice up the tourism sector,” S&P Global said in its April 12 Asia oil market forecast. “However, China’s continued closure of borders remains a hurdle for quick regional restoration.” Q1 New York Harbor jet cracks averaged about $25/b, in accordance with S&P Global Commodity Insights information. The remaining 80% of gasoline and diesel present a partial hedge, depending on the correlation between the worth spreads between jet and that of the other two fuels.

“And you have these alternatives. You can both sell or you possibly can partner.” Meredith said in its presentation it is looking for an “alternative to monetize” greater than 40 of its model names, which embrace titles corresponding to Better Homes & Gardens, People, InStyle and Eating Well. Compared …