jet fuel, Europe and summer travel
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Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.56 per gallon by March 20, according to the Argus U.S ...
The closure of the Strait of Hormuz has shattered the traditional diesel–jet pricing relationship in Europe, pushing the jet-diesel regrade from a normal –$5 to +$2/bbl range to an unprecedented +$48/bbl. With roughly 30% of Europe’s jet fuel imports ...
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Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.57 per gallon by March 27, according to the Argus U.S ...