Categories: Economy

Qantas soars as drop in oil costs alerts decrease jet gas prices


(Reuters) -Shares of Australia’s Qantas Airways rose greater than 5% on Monday to an over one-month excessive after oil costs dropped in early Asian commerce following OPEC+’s plan to additional pace up output hikes.

Jet gas costs are a vital price for airways.

(Reporting by Sneha Kumar in Bengaluru; Modifying by Mrigank Dhaniwala)

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