Rising fuel cost begin to bite

With Brent Crude oil price hovering around $116 a barrel today, with predictions the price could continue to rise if the oil supply isn’t increased soon, some airlines may resort to cancellations and grounded older aircraft to manage costs. In Africa today there are reports of some airlines cancelling flights due to a shortage of supply in the region (see Africa section below). In the UK, diesel has already run out in many petrol stations as panic buying ahead of further prices coupled with certain ports refusing to allow certain oil tankers to dock if they have any whiff of