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JET FUEL HIKE
Air India cuts fuel surcharges for North America, Europe flightsAir India has significantly reduced fuel surcharges on flights to North America, Australia, Europe, and the UK, effective July 1. This move...
Surprisingly quick oil price retreat eases urgency for European Central Bank to act, sources sayEuropean Central Bank policymakers are less pressured to raise interest rates next month due to a swift drop in oil prices. While a hike is...
Missing Los Alamos scientist Melissa Casias' death investigation takes appalling turn after CT scan finds no bullet in skullMissing scientists mystery: The mysterious death of former Los Alamos scientist Melissa Casias has taken a new turn. An initial CT scan rep...
AirAsia X to keep lowering fares as jet fuel prices fallAirAsia X is slashing fares by 5% and reviewing prices weekly as jet fuel costs ease following a U.S.-Iran peace deal. The Malaysian budget...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
Higher airfares can price out people from flying: IATA Chief EconomistAirlines plan to increase ticket prices to offset rising fuel costs. This move might make flying unaffordable for some travelers. Jet fuel ...
FIFA 2026: Brokerages bet on sector winners as soccer World Cup set to kick offThe 2026 FIFA World Cup will bring billions to host nations. Analysts expect a surge in spending on hotels, airlines, and retail. Beer sale...
FIFA WC 2026 set to be a free kick for tourism, retail and clothing industryAnalysts said U.S. hotel operators Marriott, Hilton and Hyatt as well as online travel platforms Airbnb, Booking Holdings and Expedia are p...
Maruti Suzuki launches India's first flex-fuel car, bets on biofuels to boost energy securityMaruti Suzuki has launched India's first flex-fuel passenger car, the Wagon R. This move aims to significantly cut crude oil imports and lo...
'India to pilot hydrogen buses, trucks on 10 roads; Reliance, Tata, NTPC among partners,' says Nitin GadkariIndia is launching a pilot project for hydrogen-powered buses and trucks on ten roads. Major companies like Reliance and Tata are partnerin...
India's fuel exports plunge in May as domestic demand takes priorityIndia's fuel exports saw a significant drop in May, reaching their lowest point in almost four years. This decline was driven by efforts to...
JetBlue flags higher fuel costs as Iran conflict drags onFuel price volatility has prompted airlines across the globe to hike passenger fares and baggage fees to recover higher costs, as well as c...
India keeps local jet fuel prices unchanged after airline pleaIndian oil refiners have maintained jet fuel prices for domestic flights. This decision follows a request from airlines facing challenges f...
ATF prices for international airlines slashed 27%; domestic rates unchangedInternational airlines see a significant 27 percent cut in jet fuel prices. Domestic carriers, however, continue to pay unchanged rates. Co...
Delhi airport, SpiceJet issue travel advisory: Bad weather likely to affect flight operationsDelhi Airport authorities said that as per the Indian Meteorological Department's forecast, Delhi is experiencing inclement weather conditi...
Fuel austerity clouds demand outlook; India's annual product growth forecast cut 40%India's fuel demand growth will slow significantly in late 2026. Government conservation efforts, rising oil prices, and a weaker rupee are...
Dollar near six-week high amid Iran war jittersThe US dollar remains strong near six-week peaks. Traders are watching for a Middle East war resolution and the Federal Reserve's next move...
Airlines plead with state-run oil majors to postpone jet fuel hikesIndian airlines are urging state-run oil refiners to postpone jet fuel price increases for domestic flights. This move aims to ease financi...