U.S. airlines spent more than $6 billion on jet fuel in April, up 78% from a year earlier despite using slightly less fuel, ...
Europe faces a potential shortage of jet fuel in the coming weeks due to the Iran war and closure of the Strait of Hormuz. Some airlines have already said they would cut flight schedules amid rising ...
Gas prices are grabbing the headlines, but jet fuel prices have doubled in the last two months. So far, air fares are only up modestly. But that could change in the next couple of months. “We are ...
April 24 (UPI) --A catastrophe in global aviation fuel is taking shape, and almost no one is paying attention. The culprit is the prolonged conflict in the Middle East and the supply insecurity it has ...
Refined fuel markets are under greater strain than crude, with jet fuel premiums over Brent surging to record levels as the Strait of Hormuz disruption chokes Middle East supply. Jet fuel prices in ...
Discover how a 70% rise in jet fuel prices is set to halve airline profits, impacting the aviation industry globally, ...
By Julia Payne BRUSSELS, June 5 (Reuters) - There are no signs of jet fuel shortages in Europe in the coming months despite ...
While carriers in Asia and Europe are managing the oil crisis by rationing jet fuel and cutting flights, U.S. airlines remain more insulated for now—but energy experts say no country is immune.
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U.S. production of jet fuel has likely hit record levels after prices doubled in March due to Iran's blockade of ​the Strait ...