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
Zimbabwe plans to cancel duty on food imports to help cushion prices from the impact of potential crop shortages caused by the El Nino weather pattern, said Finance Minister Mthuli Ncube.
Michael Haigh, global head of FIC and commodities research at Societe Generale, discusses levels of crude and diesel product in Europe’s strategic petroleum reserve. France has proposed that developed nations release reserves to ease surging prices at the pump. He speaks on “Bloomberg Surveillance.”
Ukraine said it attacked one of Russia’s biggest oil refineries and a key hub in the country’s crude-pipeline network, intensifying its campaign against key infrastructure to limit Moscow’s ability to finance the war.
Bolivia quiere aprovechar la fiebre global por los minerales críticos, pero Paz enfrenta un obstáculo formidable: unos 500.000 mineros que pueden complicar sus planes para transformar el sector. (Source: Bloomberg)
In effort to avoid panic at pumps, Keir Mather insists supply of fuel to Britain is ‘inherently resilient’Business live – latest updatesThe government has moved to avert panic at the pumps, insisting that the UK is not facing a diesel shortage after Donald Trump threatened to cut off US supplies of
Poland’s government is moving to quickly lower fuel prices after the president signed legislation to impose windfall taxes on the energy industry, boding well for a reduction in inflation.
The resurgence in oil and gas prices drove up UK businesses’ inflation expectations last month with firms planning to pass on cost increases to consumers and take a hit to profit margins.
Commodities trading giant Gunvor Group is renaming itself Centalion Group Ltd. and plans to redomicile its corporate headquarters from Cyprus to Singapore.
It comes after Reuters reported that EU nations were discussing a proposal to release diesel reserves following pressure from the Trump administration.
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
Nordic Compass, a competitiveness-focused business alliance, is considering branching out into critical raw materials to build up the region’s capacity to process minerals needed by European industry.
Global credit markets have started to show signs of caution, as investors pull back from treating the asset class as a safe haven following record borrowings and growing concerns about balance sheets as inflation persists.
The New Zealand dollar is poised to cap its longest run of weekly declines since early 2025 as higher oil prices and the risks of a close election weigh on the currency, with market strategists warning of further losses ahead.