Oil heads for second weekly gain on Middle East supply risks
Brent for December dipped 0.3% to $105.57 a barrel at 10:09 a.m. in Singapore.
Japan's leading airlines, Japan Airlines and All Nippon Airways, announced on Thursday that they will increase fuel surcharges for international flights in November and December, due to high fuel prices resulting from Middle East tensions. For a one-way ticket to North America and Europe, the surcharge will be raised to 62,000 yen (13,000 baht), the second-highest level on record and an increase of 12,000 yen and 7,000 yen from September and October, respectively.
In July and August, the surcharge for tickets to these regions reached a record high of 65,000 yen. However, these surcharges for tickets issued in September and October decreased, reflecting a drop in fuel prices after the United States and Iran agreed on a preliminary deal to end their conflict in mid-June.
For flights to China and Taiwan, ANA's fuel surcharge will increase by 800 yen, reaching 15,100 yen, while JAL's surcharge will rise by 3,600 yen, reaching 16,000 yen. For flights to South Korea, both airlines will increase their extra charge to 7,100 yen, with ANA raising it by 600 yen and JAL by 1,200 yen. Fuel surcharges are fees added to airfares in response to changes in fuel costs.
Written by urgent.news from Bangkok Post Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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