Wednesday, April 7, 2010 as of 11:14 AM ET
The price of petroleum as quoted in news generally refers to the spot price per barrel (159 liters) of either WTI/light crude as traded on the New York Mercantile Exchange (NYMEX) for delivery at Cushing, Oklahoma, or of Brent as traded on the Intercontinental Exchange (ICE, into which the International Petroleum Exchange has been incorporated) for delivery at Sullom Voe.
Read More at Wikipedia ›It might be. A new survey from Capital One Bank shows more small companies are reporting better business conditions.
Last week Airlines for America released a first quarter recap of 10 US airlines' performances, along with an optimistic forecast for near-record passenger loads this...
Adani Enterprises Ltd. (512599.BY) Monday posted a second straight fall in quarterly net profit as its power business continues to suffer due to high fuel costs amid...
Qantas Airways Ltd. (QAN.AU) said Monday it will terminate 500 engineering jobs to adapt to modern technology as part of a wider effort to stem losses at its ailing ...
Cathay Pacific Airways Ltd. (0293.HK) is paying higher average prices for fuel now than it did when prices peaked in 2008, as fuel costs have been at "crippling high...
Singapore Airlines Ltd. (C6L.SG) hasn't lost its premium pricing power though the carrier will be flexible in adjusting capacity when needed, the Business Times repo...
National carrier Air India Ltd. said Thursday the Delhi High Court rejected an appeal by a group of striking pilots against an order that declared their strike illeg...
Orient Overseas (International) Ltd. (0316.HK) plans to raise rates again for container shipments for the north-Europe-to-Asia route beginning June 15, the Hong Kong...
Colombian national oil company Ecopetrol (EC, ECOPETROL.BO, ECP.T) is now Latin America's biggest company by market value, passing Brazil's Petroleo Brasileiro SA (P...
A DOW JONES COLUMNNEW YORK (Dow Jones Banking Intelligence)--Note to investment bankers: start working on your pitchbook for Delta Air Lines Inc. (DAL) to divest its...
Singapore Airlines Ltd. (C6L.SG), which just reported its first quarterly loss in two years, said Wednesday it will suspend flights to Abu Dhabi in the United Arab E...
Danish oil and shipping conglomerate A.P. Moller-Maersk A/S is increasingly optimistic that its container-shipping arm Maersk Line can return to profit in 2012, afte...
Flag carrier Air India Ltd. has lost 1.5 billion Indian rupees ($27.6 million) in revenue since last week because of a pilots' strike that forced it to cancel dozens...
Indian Oil Minister Jaipal Reddy said Friday that a decision will be taken on gasoline rates in a few days, as the federal government continues to face a barrage of ...
Hong Kong stocks pulled higher in early Friday trading, with gainers including property and airline shares, as the Hang Seng Index added 0.2% to 18,698.76. However, ...
AirAsia Bhd (5099.KU), Southeast Asia's largest budget airline by fleet size, Wednesday said its fiscal first quarter net profit rose marginally as higher fuel costs...
The correlation between traffic and the economy
Dahlman Rose & Co. analyst Helane Becker weighs in on impact of jet fuel prices on the airline industry.
Qantas Airways Ltd. (QAN.AU) said Tuesday it has split its struggling international flights operation into a separate business unit, as part of a wider restructure t...
Gas has been pricey this spring and the pain at the pump has caused some consumers to change their spending patterns, a new survey by Bankrate.com has found.From the...
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