Australian jet fuel demand to hit Caltex hard

AUSTRALIAN fuel supplier Caltex expects jet fuel demand reductions to fall 90% over the coming weeks as flight cancellations and travel restrictions bite hard.

Australian jet fuel demand to hit Caltex hard Australian jet fuel demand to hit Caltex hard Australian jet fuel demand to hit Caltex hard Australian jet fuel demand to hit Caltex hard Australian jet fuel demand to hit Caltex hard

 

Just a month ago Caltex released guidance estimating aviation fuel demand to fall just 5%- 10% duel to cancellation of flights and other indirect impacts.

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