jet fuel

"We decisively reduced exposure to high-risk counterparties and stepped up risk management measures."

Besides lower demand, the oil market was volatile too.

SINGAPORE (Aug 2): RHB is reiterating its “buy” recommendation on China Aviation Oil (CAO) with a target price of $1.80. CAO is also the research house’s Singapore Top Picks.

SINGAPORE (Sept 6): Maybank Kim Eng says it likes China Aviation Oil (CAO) as one of the largest jet fuel physical traders in the Asia Pacific (APAC) region, the group’s strategy for the expansion of its core China jet fuel supply business, as well as i

SINGAPORE (July 28): UOB Kay Hian is maintaining its “buy” call and target price of $2.26 for China Aviation Oil (CAO), leaving its 2017-2019 forecasts unchanged as the group yesterday delivered its 2Q results in line with expectations.

SINGAPORE (Feb 9): UOB Kay Hian maintains its “hold” rating in Singapore Airlines (SIA) while raising its target price on the stock to $10.40 from $10.10 previously, following the release of the carrier’s 3Q17 results.

SINGAPORE (Nov 4): DBS Group Research has reiterated its “buy” recommendation for China Aviation Oil, after the jet fuel traded posted an unexpected 31% earnings growth to US$23.2 million ($32.2 million) in 3QFY16.

SINGAPORE (Nov 3): RHB is upgrading China Aviation Oil (CAO) to a “buy” with target price of $1.61 after the jet fuel supplier announced forecast-beating results.

SINGAPORE (Nov 2): China Aviation Oil (CAO) posted impressive 3Q16 results, with earnings surging 31% to US$23.2 million ($32.2 million) as revenue soared 64.2% to US$3.9 billion.

SINGAPORE (Aug 2): OCBC is downgrading its “buy” call on Singapore Airlines (SIA) to “hold” with a lower fair value of $11.56 from $12 previously, anticipating a challenging outlook on weakening yields for Singapore’s flag carrier.