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Airlines will be required to use biofuel: how much could flights become more expensive
... technologies using oil-and-fat and lignocellulosic feedstocks. Additionally, peat, a renewable resource, could become a viable option.
However, transitioning to biofuels involves high costs and requires substantial investment. Producing biofuels from crops like camelina, for instance, costs 2.5–3 times more than kerosene. Furthermore, only certified SAF can be used for refueling, and certification is currently controlled by companies in Europe and the U.S., which are unwilling to collaborate with ...
Why is the trade in petroleum products moving to digital platforms?
... side of the triangle is speed. The time spent selecting a supplier, placing an order, processing documents, communicating, and, ultimately, delivering the product. This factor determines business efficiency in many sectors, such as agriculture, where crops need to be harvested "right now." Construction, logistics, manufacturing—all of these sectors rely on fuel, and the speed of transactions is critical here.
These are the main, but not the only, tasks that digital platforms for commodity ...
Economic Calendar for Investors and Traders (December 9-13, 2024)
... event for the oil market. Production quotas will be discussed, directly affecting oil price dynamics.
US: WASDE Report (20:00 MSK)
The US Department of Agriculture report will provide important information on global stocks and production of agricultural crops. This may affect the commodity market.
API US Oil Inventory Data (00:30 MSK)
Preliminary oil inventory data will provide initial guidance before the more official EIA report.
Key Tuesday Reports (US and Russia)
Pre-market:
Autozone (AZO):
report ...
Escalation of Conflict Between India and Pakistan: A Historical and Political Overview
... deaths, while the release of soot into the atmosphere could provoke global climatic anomalies (the so-called "nuclear winter"). Some forecasts suggest that a regional nuclear war could dramatically lower temperatures on the planet and reduce crop yields, causing a global food crisis. Radiological fallout would impact not only South Asia but also countries in Central Asia, the Middle East, and possibly China and Russia—depending on wind patterns. Thus, nuclear war between India and Pakistan ...