China has reportedly raised fuel surcharge for domestic flight from May 16th
China's decision to raise the fuel surcharge for domestic flights is a supply-side driver likely aimed at mitigating rising operational costs in the aviation sector.
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China has reportedly raised fuel surcharge for domestic flight from May 16th
US President Trump to confront Chinese President Xi at the upcoming summit over China's backing of Iran and Russia, Fox News reports
Indian banks resume gold and silver imports after paying a 3% tax, sources say
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This move could bolster demand for crude as airlines pass expenses to consumers, potentially impacting WTI and Brent prices. It’s worthwhile to monitor how this affects broader commodity markets and inflation expectations.
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