WTI Crude Hits $97.26 as IEA Forecasts 2.5M Barrel Daily Demand Drop
Global oil demand faces its second-worst annual decline in 60 years as Iran-related supply shocks drive WTI crude to $97.26 and gasoline…
Global oil demand faces its second-worst annual decline in 60 years as Iran-related supply shocks drive WTI crude to $97.26 and gasoline…
Sasol refinery shutdown curtails Johannesburg jet-fuel supply, cutting Sasol's fuel output and pressuring its stock while airlines face tighter procurement and higher…
Namibia's jet fuel shortage prompts emergency sourcing by Vitol, underscoring fuel supply chain risks in southern Africa.
Air Canada shares rallied after the airline announced a Blackstone partnership and cost-reduction measures, even as it lowered its earnings outlook due…
Lufthansa warns of profit hit from surging jet fuel, dragging airline stocks lower as fuel costs spike 40% and threaten sector earnings.
BP ramped up European jet fuel output by 30% during Iran conflict, indicating strategic resilience and potential earnings uplift amid oil supply…
Europe avoided a jet fuel supply crisis that could have grounded flights during peak summer vacations, boosting airline stocks and stabilizing fuel…
Europe's diesel and jet fuel imports decline sharply amid war-driven trade disruptions, raising supply risks and supporting higher crack spreads for middle…
Britain relaxes sanctions by permitting diesel and jet fuel imports refined from Russian oil, aiming to boost energy security and lower prices.
Indian airlines press oil majors to postpone jet fuel price increases as rising crude costs threaten airline profitability.
Ryanair CEO Michael O'Leary's warning about airline casualties from a jet fuel price spike signals margin pressure across European carriers, hitting stocks…
Lufthansa taps the euro bond market to raise funds amid soaring jet fuel costs as the airline battles margin pressure and seeks…