Diesel, heating oil stocks at 20-year lows as U.S. preps for winter
The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades.
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The U.S. may be heading into winter with the lowest stockpiles of heating oil to meet surging demand in more than two decades.
Jet fuel demand recovery faces long haul as travel stays regional Restrictions on long-distance flights and the surge in COVID-19 in India will keep jet fuel demand below pre-pandemic levels over the coming months, even as an easing of lockdown in some parts of the world boosts jet fuel demand. Vaccination success and reduced infection rates in Western countries are allowing travel to resume. It will, however, be dominated by short-haul flights, which account for almost two thirds of the total fuel used by the sector, but on average use around 35 times less fuel than long-haul flights, the In...
LONDON/SINGAPORE/NEW YORK — Hopes of a speedy aviation recovery this year have been knocked back by global travel restrictions after the emergence of new…
As pro-Trump rioters violently raided the U.S. Capitol in Washington, D.C. today in opposition to what Trump is claiming to be a fraudulent election, supporters in Hawaiʻi gathered in front