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JET FUEL PRICES
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...- 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...
- 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 ...
- $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 ...
- 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...
- Circuit breaker: PCB supply crunch could cut electronics output by 40% within 3 monthsIndustry body India Printed Circuit Association (IPCA) plans to write to the Centre, state governments, and banks within the next few days,...
- 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...
- If India wants to compete with the world, it has to have one or two large airlines: IndiGo’s Rahul BhatiaIndiGo MD Rahul Bhatia defended the airline’s 66% domestic market share, saying 34% of its capacity operates on routes where no rival flies...
- IndiGo's Rahul Bhatia urges govt to cut taxes, airport charges to lower airfaresIndiGo's managing director seeks tax and airport charge rationalization for lower airfares. He argues that reduced costs will unlock massiv...
- Reliance ramps up diesel exports to Europe, Brazil in July, sources sayReliance Industries sharply increased diesel exports to Europe and Brazil in July as global fuel markets tightened following the US-Iran co...
- Shell's Q2 profit more than doubles to $9.8 billion, beats estimatesShell reported a significant profit increase in the second quarter, reaching $9.84 billion. Higher energy prices and market volatility cont...
- Air India's provisional Q1FY27 loss likely to cross Rs 1,200 croreSingapore Airlines reported a net loss of ₹311.78 crore from its Air India stake. Air India's provisional loss for the fiscal first quarter...
- Singapore Airlines says tangible progress made in Air India's fleet renewal, service enhancementsSingapore Airlines reported tangible progress in Air India's fleet and service enhancements. The airline group's stake in Air India is a ke...
- Cross-ownership could create conflict of interest, says IndiGo MD; airline posts Rs 382 crore Q1 loss despite 20% revenue growthIndiGo warns against airport operators owning airlines, citing a massive conflict of interest. The airline reported a significant quarterly...
- Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...
- Pakistan raises jet fuel price by PKR 40.35 per litre amid global oil market volatilityPakistan has increased jet fuel prices by PKR 40.35 per litre, reaching PKR 291.55. This follows a previous hike, bringing the total increa...
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