Just noticed oil prices broke back above 100 bucks a barrel and the airline sector is getting hammered right now. Wizz Air and easyJet are down the most with 7.2% and 4.2 drops respectively, looks like Bernstein downgraded both before open which probably didn't help. The rest of the European carriers are taking hits too - Lufthansa down 3.9%, Air France-KLM off 3.2%, Jet2 slipping 2.6%, and IAG (British Airways parent) down 2.5%. When oil prices per barrel spike like this, it really messes with airline margins since fuel costs are such a huge part of their operating expenses. These per barrel moves might seem small on paper but they add up fast across entire fleets. Guess the market is pricing in tighter margins ahead if oil prices per barrel stay elevated. Anyone else watching how the per barrel oil situation plays out for travel stocks?

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