energy
The Group of Seven nations and its partners are to release as much as 100 million barrels of emergency oil and diesel stocks amid pressure from the Trump administration to quell rising fuel prices.
Fuel is a huge expense for airlines and with two major wars now affecting energy infrastructure, fuel prices across the board are higher and higher. David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss how airlines use swaps a
US factory orders rose by 0.1% month-over-month in August. Michael McKee breaks down the numbers and also discusses the G7's plans to release as much as 100 million barrels of emergency oil and diesel stocks on "Bloomberg Open Interest." (Source: Bloomberg)
Why does an airline like Qatar Airways need to source jet fuel outside of its own oil-rich region? David Kang, former group treasurer at Qatar Airways, joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss why the company often gets a better deal on jet fuel by looking outside of
automated-news
Oil retreats as market weighs mixed supply signals Reuters
automated-news
Foiled flydubai attack clouds regional airline revival Reuters
Fuel is a huge expense for airlines, and even on a good day, jet fuel prices are pretty volatile. Throw in two major wars now effecting energy infrastructure, and fuel prices across the board are higher and higher. Airlines have long tried to manage this expense through fuel hedging, using things li
Energy Distribution Partners, a privately-held propane and light fuels distributor backed by Pritzker Private Capital, is exploring a sale that could value the company at more than $1 billion, according to people familiar with the matter.
automated-news
Netanyahu says Israel will get to the 'root' of co-pilot in foiled bid to crash flydubai flight Reuters
Indian oil refiners are hiring tankers to sail through the Strait of Hormuz to pick up crude from within the Persian Gulf, a change of tactics to help them cut costs and secure their supply chains.