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Jet fuel accounts for as much as a third of an airlines' expenses, and the rise and fall of fuel prices can have a great impact on profitability.

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LATEST OIL NEWS & ANALYSIS


First US Bakken crude set to arrive in Asia mid-May: Sources
April 27, 2017
The first cargo of US Bakken crude is heading to Asia, adding to the widening list of western crude moving eastward amid the narrowing spread between low sulfur crude in the West against high sulfur crude in the East.
US shale oil rebound shakes OPEC
April 26, 2017
In his latest blog post, Ross McCracken, managing editor, Energy Economist asks: How low can the costs of US shale oil production go?
OPEC compliance with cuts 115% over January-March: Platts survey
April 26, 2017
April 05, 2017 -OPEC crude oil output fell for the fourth straight month in March, dropping to 31.85 million b/d as the group continues to show relatively strong adherence to its production cut deal agreed late last year, according to an S&P Global Platts survey released Wednesday.

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