The International Air Transport Association (IATA) announced on Sunday that sustainable aviation fuel (SAF) production is expected to double in 2025, reaching 2 million tonnes. This volume will represent approximately 0.7% of total jet fuel consumption by airlines globally. Despite this projected growth, IATA continues to warn that the pace of SAF adoption remains insufficient for airlines to meet ambitious environmental and sustainability targets.

Goldman Sachs $GS forecasts that the oil-producing alliance OPEC+, which includes major exporters such as Saudi Arabia and Russia, will raise its output by 410,000 barrels per day (bpd) in August. The projection, published in the bank's latest research note, follows the group’s decision on Saturday to increase July production by the same volume, signaling a clear intent to regain market share and exert pricing discipline on downstream refiners.

Alphabet Inc. $GOOGL, the parent company of Google, announced on Saturday its intention to appeal a federal antitrust ruling that challenged its market behavior in online search and digital advertising. The decision follows a court hearing where U.S. District Judge Amit Mehta proposed less stringent remedies than the 10-year oversight regime originally sought by regulators.