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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

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. Today the company updated the market,...

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