Toxic-Fume Leaks Prompt Airlines to Push for Less Hazardous Engine Oils

Oil futures settled lower as U.S. efforts to restart peace talks between Russia and Ukraine were seen taking some risk premium out of the market. However, losses were limited by the EIA’s report of an unexpected U.S. crude stock draw.

The U.S. Commerce Department reported a nearly 24% decrease in the trade deficit, which was delayed for over seven weeks due to a government shutdown. Despite this reduction, the trade deficit for 2025 has risen to $713.6 billion through August, marking a 25% increase from the same period in 2024.

JetBlue is set to introduce two new flights to popular European destinations as U.S. travelers increasingly seek direct service to cities that were previously only accessible via transfers. This move comes amid a surge in demand for travel to Europe, with airlines like Delta Air Lines also expanding their routes.

Crude oil inventories in the U.S. decreased by 3.4 million barrels last week, according to the EIA. This decline is attributed to increased exports and higher refinery utilization rates.

Crude oil inventories in the U.S. decreased by 3.4 million barrels last week, according to the EIA. This decline is attributed to increased exports and higher refinery utilization rates.

The U.S. trade deficit decreased in August as President Trump's tariffs on trade partners came into effect. New data indicates that these tariffs have contributed to a reduction in trade volumes, reflecting the immediate impact of the administration's trade policies.

The U.S. trade deficit decreased in August, according to delayed figures released by the Commerce Department. This reduction provides insights into the impact of tariffs on international trade flows during the summer months.

European defence stocks have experienced a decline amid indications of increased U.S. involvement in the Ukraine war. This downturn reflects market concerns over the potential implications of U.S. actions on European security and defense spending. Investors are closely monitoring the situation as geopolitical tensions continue to evolve.