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JET FUEL PRICES IMPACT
Bangladesh confirms J-10CE jet deal with China, cites fighter jet downed in India-Pakistan clashBangladesh officially confirmed a deal to acquire Chinese J-10CE fighter jets. The nation cited the aircraft's reported combat performance ...
Supreme Court to hear plea on ethanol labelling at petrol pumps on August 31The Supreme Court will hear a petition on August 31 regarding ethanol labelling. The plea seeks mandatory disclosure of ethanol percentages...
CNG price hiked by Rs 3.89/kg in Delhi-NCR amid West Asia crisis; check city-wise ratesNew CNG price: Indraprastha Gas Limited has raised compressed natural gas prices by Rs 3.89 per kilogram. This price adjustment took effect...
Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
India’s flights may stay expensive even as fuel gets cheaper: S&PAsia-Pacific airlines may maintain higher airfares as passenger demand remains strong. This strategy allows carriers to recover elevated op...
RBI warns food, fuel costs could reignite broader inflationMost high-frequency indicators showed sustained manufacturing and services activity in July. Merchandise exports and imports experienced do...
Another airline shuts down as US-Iran war keeps fuel costs high; hydrogen-electric air taxi startup abandons plans before launching passenger flightsAustralia's Stralis, an airline startup, is shutting down after plans for hydrogen-electric air taxi flights failed to reach commercial rea...
In 1984, NASA and the FAA remotely crashed an empty Boeing 720 to test whether anti-misting fuel could reduce post-crash firesIn 1984, NASA and the FAA conducted groundbreaking tests on a fuel additive designed to minimize post-crash fires. A Boeing 720, remotely c...
Congress slams government on 'skyrocketing' price rise, takes swipe over 'achche din' promiseThe Congress party has criticized the central government for escalating inflation rates. Onion prices have significantly increased, impacti...
Delhi rains disrupt flights: 15 Delhi-bound flights diverted; Air India, IndiGo, SpiceJet issue advisoriesHeavy rain battered Delhi-NCR on Monday, causing widespread waterlogging and traffic disruptions. Fifteen Delhi-bound flights were diverted...
US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
RBI MPC puts Q3 rate hike in play if inflation risks show up bigIndian monetary policy makers may tighten rates in the third quarter if inflation risks materialize. Higher food and fuel prices could lead...
Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
California startup JetZero’s ‘manta ray’ plane could change air travel forever: 250-seat Z4 aims to fly 5,750 miles and use up to 50% less fuelCalifornia startup JetZero is innovating the aviation industry with a new aircraft featuring a blended-wing-body design, aimed at accommoda...
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...