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Crude oil snaps losing streak as July 4 holiday helped demand for gasoline, jet fuel

SlavkoSereda/iStock via Getty Images U.S. crude oil broke a three-session losing streak as government data showed signs of strengthening demand for refined products after the Fourth of July holiday. The holiday provided an expected increase in demand for jet fuel, with the four-week seasonal average rising to the best levelContinue Reading

Airbus cuts delivery target, delays goals for faster jet production

In: Finance

Herbert Pictures Airbus (OTCPK:EADSY) (OTCPK:EADSF) on Monday cut its delivery target to about 770 airplanes from roughly 800 for this year. The European aviation giant also pushed back its target for reaching production of 75 narrow-body airplanes a month by a year to 2027. The company also announced fresh chargesContinue Reading

Crude oil snaps losing streak as July 4 holiday helped demand for gasoline, jet fuel

Airbus cuts delivery target, delays goals for faster jet production

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