Topic
jet fuel
Commodities Centre calls ethanol-jet fuel blending claims 'completely false, irresponsible'
The Indian government has dismissed reports of a plan to blend ethanol with aviation turbine fuel, calling them completely false and irresponsible. Civil aviation minister Ram Mohan Naidu Kinjarapu clarified that ethanol and sustainable aviation fuel are entirely different fuels, while road transport minister Nitin Gadkari disclosed E20 petrol's likely 2-6% fuel efficiency impact.
Trade India raises diesel and jet fuel export taxes as US-Iran tensions tighten oil markets
India increased taxes on diesel and jet fuel exports, citing the collapse of the US-Iran interim peace deal and global fuel market tightness. The diesel levy rose to ₹15.5 a litre from ₹8.50, while gasoline taxes were cut. The fortnightly adjustment mechanism aims to balance local availability with export profitability.
Commodities Jet fuel prices cut to Rs 110/litre: Will airfares get cheaper?
Jet fuel prices have been cut to Rs 110 per litre, as reported by Business Today. The reduction could lower airline operating costs, but the source provides no details on the date, previous price, or underlying market factors. Commodity traders and analysts track jet fuel as a key derivative of crude oil.
Commodities Commercial LPG, Jet Fuel Prices Cut as West Asia Impact Eases, State-Run Firms Act
India's state-run oil marketing companies on Wednesday slashed commercial LPG cylinder prices by Rs 183.5 and aviation turbine fuel by Rs 5 per litre, as global crude prices eased following the de-escalation of the West Asia conflict and the reopening of the Strait of Hormuz. Private retailer Nayara Energy also rolled back its conflict-era price increases, reducing petrol by Rs 5 and diesel by Rs 3 per litre across its outlets. The cuts mark the first broad-based easing in transport and commercial fuel prices since the conflict disrupted global energy markets.
Logistics Airfares Could Rise Up to 25% as Jet Fuel Costs Surge, McKinsey Warns
A McKinsey report warns that jet fuel costs could surge due to geopolitical disruptions and refinery constraints, potentially raising airfares by 20-25%. The jet fuel crack spread may average over $50 per barrel in 2026, up from historical levels of $20 or less. Supply constraints are emerging from major exporters in the Gulf and Asia, with countries like China, India and South Korea restricting fuel exports.
Trade UK vows to phase out Russian diesel and jet fuel imports by new year
The UK government has committed to banning imports of diesel and jet fuel made from Russian oil by 1 January 2027, as part of its sanctions package following the war with Ukraine. The temporary licence for such imports will be reviewed every two weeks and could be revoked earlier. The move has drawn criticism from the EU and campaigners.
Commodities Jet Fuel Prices Surge 10% Amid New Stabilisation Scheme
Jet fuel prices for domestic airlines in India have risen by 10% as state-owned oil companies implement a price stabilisation scheme. The plan allows airlines to lock in fuel rates for up to three years, aiming to mitigate the impact of global oil price volatility.
Trade India Allocates Rs 10k Crore to Stabilize Jet Fuel Prices
The Indian government has allocated Rs 10,000 crore to cap aviation turbine fuel prices, aiming to stabilize airfares amid volatile fuel costs. This initiative, effective for 36 months, seeks to support Indian airlines during the West Asia crisis.