Air Freight News
Oil traders take long shot bets on chance of a US oil export ban
Oil traders are scooping up options contracts that would pay out if U.S. crude futures plummet against international benchmark Brent, a signal that some believe…
Europe’s new trade weapon faces hurdles before it’s unveiled
The European Union has yet to unveil its new proposal for an anti-coercion trade tool to safeguard the bloc’s geopolitical interests, but it’s already facing…
Travel like it’s 2019: US air traffic nears pre-Covid level
Americans planning for travel during the December holidays should brace for an approximation of normality: airports teeming with passengers, just the way they were before…
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American Airlines names Isom to replace retiring CEO Parker
American Airlines Group Inc. named President Robert Isom to replace Doug Parker as chief executive officer early next year, a sign of stability after the…
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US trade gap shrinks for first time since July on export surge
The U.S. trade deficit narrowed in October for the first time since July, reflecting a sharp increase in exports and suggesting that foreign demand for…
Canada’s trade surplus widens on oil exports, auto rebound
Canada’s trade surplus widened in October on a jump in exports of autos and energy.
Oil demand isn’t taking a big hit from the omicron variant yet
Glance across the world and there’s little sign of a major impact of the omicron variant on oil demand -- for now.
Biden weighs Russian bank sanctions if Putin invades Ukraine
The U.S. and European allies are weighing sanctions targeting Russia’s biggest banks and the country’s ability to convert rubles for dollars and other foreign currencies…
European gas prices jump as US weighs more sanctions on Russia
European natural gas futures jumped as traders weighed the risk of fresh international sanctions against top supplier Russia should it invade Ukraine.
U.K. seeks to trade with US states with broader deal on hold
The U.K. is moving forward on trade engagement with individual American states, and stands ready to resume talks with Washington on a broader federal deal,…