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JET FUEL
Russian drones kill woman, 9-year-old son at home as Ukrainian civilian casualties surgeRussian drones killed a mother and son in northern Ukraine on Friday. July saw the deadliest month for Ukrainian civilians since the invasi...- Diesel prices surpass jet fuel in Europe as global supply tightensEuropean diesel costs more than jet fuel for the first time in over a year. Jet fuel imports to Europe have risen significantly while diese...
- Ukraine's drones hit a major Russian refinery 800 miles from the border, sparking a fireUkrainian drones struck a major Russian oil refinery and a naval base. Russia retaliated with missile and drone attacks across Ukraine. The...
- US refiners ramp up buybacks as Iran war boosts fuel marginsUS refiners Marathon Petroleum, Phillips 66 and Valero Energy reported combined second-quarter profits of $12.6 billion, benefiting from su...
- American Airlines shakes up leadership as CEO faces pressure to close profit gapAmerican Airlines is reorganizing its senior management team. New roles are being added to broaden oversight and boost performance. A forme...
- Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
- Himachal imposes 60 paise/litre widow, orphan cess on petrol, dieselThe Himachal Pradesh government has imposed a new cess on fuel. This levy of sixty paise per litre applies to petrol and diesel. The Widow ...
- Trump extends Jones Act waiver for 90 days, narrows scopeUS President Donald Trump has extended a waiver allowing foreign-flagged ships to transport oil and other commodities between US ports for ...
- Memphis AI data center fuels pollution fight in Black neighborhoodThe stench of rotten eggs and burning debris fills the air in Boxtown, a predominantly Black neighborhood in Memphis. Teenager Jasmine Bern...
- India's peak power demand rises 12% in April-June, evening supply gap widens to 3,045 MW: GovtIndia's peak electricity demand rose 12 per cent from April to June over the same period last year. An all-time high of 270.8 gigawatts was...
- $48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
- Allowing airport operators to own and run airlines is logical, says Akasa CEO Vinay Dube as airline turns fourAkasa Air CEO Vinay Dube supports airport operators owning airlines, which IndiGo opposes. The airline is seeking significant funding amid ...
- Tewolde Gebremariam: The storied career of Air India's new helmsman and the tough India test that awaits himTewolde Gebremariam, known for crisis management, will lead Air India. He previously managed Ethiopian Airlines through major global crises...
- Jet fuel made from tropical fruit gets $3 billion backingResearchers in Brazil are pioneering the use of macauba palm oil as a sustainable aviation fuel alternative. This groundbreaking project fo...
- China eases controls on fuel exports for a second monthChina has increased refined fuel export allowances for August, allowing 2.7 million tons to be shipped. This represents a rise from July's ...
- Big Oil profits surge as Iran war keeps energy prices elevatedEuropean and Middle Eastern oil firms reported significant profit increases recently. Saudi Aramco saw its net profit climb by forty-four p...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
- Petrol sales rise 8.6%, diesel demand jumps 9.4% in July; LPG, jet fuel consumption declinesPetrol and diesel sales saw significant year-on-year increases in July. This growth was fueled by greater mobility and economic activity ac...
- Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
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