If a carrier agrees to purchase jet fuel for $500 and prices rise to $700 per ton during that time, it will benefit greatly from its hedging deal. If prices fall to $300 per ton during that time ...

Technically, jet fuel can be used to power a diesel engine — and it was when an expedition used Toyota Hilux pickups in Antarctica's freezing temps — but its different composition can lead to ...

US jet fuel imports hit highest rate so far in March since February 2023 Nigeria's Dangote refinery sent six jet fuel cargoes to U.S. ports in March US jet fuel prices likely to be hit by rising ...

Jet A and Jet A-1 are the most common types of jet fuel used in commercial aviation. Both fuels are kerosene-based and highly refined, providing the energy density and performance required for ...

Depending on the source of jet fuel and how it’s cultivated, Caryn estimates using biofuel could reduce carbon emissions between 50 and 80%, depending mainly on the feedstock and conversion process.

Traders shipped the most jet fuel from Northeast Asia to Europe in almost a year in June as lower freight rates and ample Asian supplies spurred exports, according to shiptrackers and three trade ...

Paul Bass File Photo No more tax-free fuel, starting July 1. Connecticut will reinstate its jet fuel tax on July 1, ending a two-year exemption that had temporarily suspended the levy for commercial ...

A fuel tank is installed for Vine Jet near the air traffic control tower at the Charles M. Schulz-Sonoma County Airtport in Santa Rosa on Friday, March 28, 2025. (Christopher Chung/The Press Democrat) ...