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25.04.26 - 18:36
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California′s jet fuel supply drops to three-year low as Middle East turmoil squeezes global oil market (The Guardian)
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Industry analysts say fuel price surge could lead to canceled flight routes that could snarl travelers' plansCalifornia's jet fuel supply has dropped to a level not seen since 2023, as turmoil in the Middle East continues to squeeze the global oil market.As of 17 April, the state's jet fuel stock was just over 2.6m barrels, in comparison to 3.2m barrels two years prior, according to the California energy commission (CEC), which publishes a refinery stocks data dashboard. Continue reading......
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24.04.26 - 19:18
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Baker Hughes | Outlook Despite Middle East Disruption (Bloomberg)
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Baker Hughes beats on earnings, sees outlook hold despite Mideast disruption. Lorenzo Simonelli, president and CEO of Baker Hughes, says the “outlook for the business fundamentals remains unchanged,” excluding the ongoing impacts in the Middle East. He spoke with Dani Burger and Matt Miller on Open Interest. (Source: Bloomberg)...
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24.04.26 - 13:55
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Mixed Market Trends Amidst Middle East Impasse (AFX)
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CANBERA (dpa-AFX) - World market sentiment remains mostly directionless amidst the uncertain geopolitical situation in the Middle East. However, positive earning updates from the corporate sector ......
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