Air Canada Scraps Key U.S. Routes Amid High Fuel Prices
Air Canada has announced the suspension of several key routes, including major U.S. connections, after jet fuel prices…
Europe Faces Summer Jet Fuel Crisis as Iran War Slashes Supply
Accelerated refinery closures in the past decade and increased dependence on kerosene from the Middle East have exposed…
Europe’s Jet Fuel Shortage Arriving in Weeks
Europe could face a jet fuel shortage within three weeks if flows through the Strait of Hormuz remain…
Fuel Shock Forces Airlines Into Emergency Mode
Soaring jet fuel prices have hit the profitability of airlines, who have started raising air fares and grounding…
China’s Oil Buying Spree May Be Running Out of Steam
China’s imports last year broke yet another record, despite talk of waning oil demand. Since the start of…
EIA: US Crude Oil Inventories Slump As Demand Rises
By Irina Slav – Feb 19, 2026, 11:10 AM CST Crude oil inventories in the United States decreased…
China’s Crude Hoarding Is Propping Up Oil Prices
China played a big role in supporting oil prices in 2025 as it accelerated crude stockpiling and absorbed…
Crude Oil, Distillates Inventories See Minor Build as Prices Sink
The American Petroleum Institute (API) estimated that crude oil inventories in the United States saw a build of…
Formula 1 Renewable Energy Shift Drives 26% Drop in Carbon
(Bloomberg) — Motor racing, a sport known for flashy, petrol-guzzling racecars speeding at hundreds of kilometers per hour across…
Crude, Gasoline Draw Props up Oil Prices
By Tom Kool – Jul 23, 2025, 10:04 AM CDT U.S. crude oil inventories fell by 3.169 million…