European airlines and oil refiners are growing more confident Europe can avoid jet fuel shortages this summer after plants maximised output, boosted imports and governments tapped strategic reserves, according to FT
European airlines and oil refiners appear to be more optimistic about avoiding jet fuel shortages this summer, thanks to increased production and imports, along with government support through strategic reserves.
BoE's Breeden said the central bank should not be ‘trigger happy’ on rates, while she warned of a hit to business from political uncertainty, according to FT
EU is drawing up plans to force European companies to purchase critical components from at least three different suppliers, in an effort to lower the bloc’s reliance on China, according to FT
European airlines and oil refiners are growing more confident Europe can avoid jet fuel shortages this summer after plants maximised output, boosted imports and governments tapped strategic reserves, according to FT
PRE-MARKET INDIAN STOCKS NEWS: Vodafone Idea (IDEA IS) reports Q4 net INR 519.7bln, while it received a USD 500mln investment boost
Japan sells JPY 1.9tln 5yr JGBs; b/c 3.22x (prev. 3.58x), average yield 2.024% (prev. 1.826%)
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This could stabilize jet fuel prices, potentially easing broader inflationary pressures in energy markets and impacting related sectors such as aviation and transportation.
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