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U.S. airlines ditch 2020 forecasts [Video]

U.S. airlines ditch 2020 forecasts

U.S. airlines are suspending their outlooks and cutting flights to combat the fallout from the coronavirus outbreak. As Fred Katayama reports, some CEOs are even cutting or forgoing their pay.

Credit: Reuters Studio     Duration: 01:19Published

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Oil cos switch to BS-VI fuel without raising prices

India has switched over to the world's cleanest petrol and diesel without raising prices, Indian Oil Corp (IOC), the nation's largest oil firm, said on Thursday. Leapfrogging from BS-IV grade fuel..
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From Asia to America, fuel prices pummeled by coronavirus fallout

Prices and profit margins for motor and aviation fuels globally are under severe pressure from a plunge in demand as countries enforce lockdowns and airlines ground planes, forcing more refineries to..
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ATF price cut; no change in petrol, diesel cost

Jet fuel prices were slashed by 12% after oil firms reverted back to fortnightly revisions to pass on the benefit of falling crude oil prices, but rat
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ATF rate cut; freeze on petrol price continues

Jet fuel prices were slashed by 12 per cent after oil firms reverted back to fortnightly revisions to pass on the benefit of falling crude oil prices, but rates of petrol and diesel remained unchanged..
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Oil companies kick off fortnightly ATF price revision with 12% cut, to keep petrol pumps open on March 22

State-run fuel retailers have decided to dump the monthly revision of jet fuel prices and opt for fortnightly revision, a move that will bring relief to airlines by quickly passing on the benefit of..
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Jet fuel price cut, petrol pumps to be open on Sun

State-run fuel retailers have decided to dump the monthly revision of jet fuel prices and opt for fortnightly revision, a move that will bring relief to airlines by quickly passing on the benefit of..
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Petrol, diesel prices cut further as crude dips

Fuel prices were further reduced on Thursday due to slump in demand after the coronavirus was declared pandemic. The price of petrol was reduced by 15-16 paise and that of diesel by 12-13 paise across..
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Fuel prices cut significantly; petrol at Rs 70.29, diesel at 63.01 in Delhi

Fuel prices have been on the decline since February 27 on international trends.
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Fuel prices drop sharply, in Delhi petrol costs Rs 70.29 and diesel Rs 63.01

Fuel prices in Delhi slashed by Rs 2.69 for petrol and by Rs 2.33 for diesel. The price of 1 litre of petrol in Delhi as on Wednesday (March 11, 2020) is Rs 70.29, while the price of diesel is Rs..
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Opec to reduce output, fuel prices may rise


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Fuel prices further reduced post Budget

This is the fourth consecutive day petrol and diesel prices were cut across all major cities.
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Fuel prices dip further due to softening of Brent crude

New Delhi, Jan 28 (IANS) Fuel prices saw a marginal dip on Tuesday due to softening of international crude oil rates as demand declined following the outbreak of coronavirus in China. The price of..
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Petrol, diesel prices see big cut on Saturday

New Delhi, Jan 25 (IANS) Fuel prices were dropped further on Saturday after international crude oil rates fell sharply following the outbreak of Coronavirus in China.
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Petrol, diesel price down by Rs 1.50 per litre in 2 weeks

New Delhi, Jan 24 (IANS) After price cut in the petrol and diesel prices for the second consecutive day on Friday, the fuel prices came down by more than Rs 1.50 per litre in two weeks, giving a major..
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Relief to consumers as petrol, diesel get cheaper

New Delhi, Jan 23 (IANS) Fuel prices dipped further on Thursday after slump in international crude oil rates following the outbreak of coronavirus in China. The price of petrol was cut by 17 paise and..
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Relief to consumers as fuel prices dip further on Tuesday

New Delhi, Jan 21 (IANS) In a major relief to the consumers, fuel prices were cut further on sixth consecutive day across all major cities on Tuesday.
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Fuel prices cut for second straight day on Monday

New Delhi, Jan 13 (IANS) Good news for consumers as fuel prices fell again on Monday, the second consecutive day after easing of tensions between the US and Iran. Price of petrol fell by 10 paise and..
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Fuel prices fall on Sunday after rise for three days

New Delhi, Jan 12 (IANS) Some relief for consumers as fuel prices fell on Sunday after rise for three consecutive days. The price of petrol fell by 10-12 paise a litre while that of diesel by 6-7 paise..
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Fuel prices up again as Brent tops $70 a barrel

New Delhi, Jan 6 (IANS) The domestic fuel prices continued to go northward as the price of petrol went up by 15-16 paise and that of diesel by 17-18 paise across all major cities on Monday.
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Iran tension may push up fuel prices

Global oil prices spiked 4% on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting consumer sentiment by pushing up fuel prices and..
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Fuel prices continue to surge amid tension in Middle East

New Delhi, Jan 4 (IANS) The petrol and diesel prices continued to surge on Saturday as the price of petrol rose by 10-11 paise and that of diesel by 15-16 paise across all major cities.
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Costlier LPG, train fares Narenda Modi govt's New Year gifts

*New Delhi:* Jet fuel or ATF price was on Wednesday hiked by 2.6 per cent and that of non-subsidised cooking gas LPG by Rs 19 per cylinder on the back of a rise in international rates. Price of..
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Govt mulling premium on petrol, diesel prices on BS-VI switchover

New Delhi, Dec 22 (IANS) Consumers may feel the pinch of higher fuel prices in coming months as the government is considering a proposal to allow oil marketing companies charge a premium on retail..
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Iran may have killed more than 1,000 in recent protests: US

The unrest, which began on November 15 after the Iranian government abruptly raised fuel prices by as much as 300%, spread to more than 100 cities and towns and turned political as young and..
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US supporting 'brave people' of Iran fighting for 'freedom', says Trump

Washington DC [USA], Dec 4 (ANI): Hours after saying that Washington does not support the protestors in Iran, US President Donald Trump on Tuesday clarified that his country backs the demonstrators in..
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SriLankan Airlines Forges Ahead with Business Turnaround Plan

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*SriLankan Airlines* has made significant progress in its efforts to become a sophisticated customer-centric airline intent on achieving financial success, by implementing a wide-ranging Turnaround..
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'Vast and dangerous conspiracy' defeated by Iranian people - Khamenei

Iranian Supreme Leader Ayatollah Ali Khamenei said on Wednesday that the Iranian people had defeated a conspiracy, referring to unrest kicked off by a rise in fuel prices.
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Iran's Rouhani claims victory over unrest

Iranian President Hassan Rouhani declared on Wednesday that street unrest had been put down in a victory over foreign enemies, after a wave of violent demonstrations swept the country following a hike..
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At least 106 protestors killed in Iran during unrest - Amnesty International

At least 106 protestors have been killed in 21 cities in Iran during unrest that broke out over fuel prices rises last week, Amnesty International said on Tuesday.
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U.N. rights office urges Iran to rein in security forces at protests

The U.N. human rights office voiced deep concern on Tuesday at the Iranian security forces' use of live ammunition against demonstrators and urged authorities to rein in its use of force to disperse..
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Ecuador's Moreno scraps fuel subsidy cuts in big win for indigenous groups

Ecuadorean President Lenin Moreno on Monday officially scrapped his own law to cut expensive fuel subsidies after days of violent protests against the IMF-backed measure, returning fuel prices to prior..
Reuters India - Published

Ecuador's Moreno signs decree ditching fuel subsidy cuts after protests

Ecuador's President Lenin Moreno signed on Monday an official decree, repealing his own fuel subsidy cut that sparked days of violent, indigenous-led protests, and reverting fuel prices to their..
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PM must ask ‘Howdy farmers, youth’: Congress

Party brings up unemployment, inflation and fuel prices
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Higher fuel prices may steal holiday cheer from U.S. retailers

U.S. retailers already reeling from the U.S.-China trade war and an uncertain economic picture now have something else to fret about this holiday season - higher fuel prices.
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Fuel prices see steepest hike since Budget

Petrol and diesel prices on Tuesday saw the biggest hike since July 5 Budget as India voiced concern over spike in global oil prices following attacks on Saudi Arabian crude oil facilities. Petrol..
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Attacks on Saudi oil facilities - what will it mean for consumers?

The attacks on Saudi oil facilities on Saturday will drive up fuel prices worldwide in the world's largest outage in 50 years. Here's what it could mean for consumers.
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Fuel prices may rise by up to ₹5 a litre

Drone attack on Saudi Aramco’s facility to impact prices; refining margins to come under pressure
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