CFA and owner of Portia Capital Management Michelle Connell joins Yahoo Finance Live to discuss Big Tech, energy and financial sector fund data, commodity futures, and Fed policy makers expecting three interest rate hikes in 2022.
(Additional reporting By Sam Boughedda)
Global jet fuel demand, however, has again come under pressure with some countries reimposing border restrictions and other curbs to keep the Omicron coronavirus variant at bay, prompting travelers to reconsider their plans. "We saw a little bit more downside momentum on jet fuel due to omicron variant, but combined, we didn't really see a meaningful impact as we exited the year," senior executive Dax Sanders said in the earnings call. Kinder Morgan reported a 48% jump in jet fuel volumes and 7% jump in gasoline, following a year of coronavirus-driven decline.