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Chinese Jet Demand Poised to Soar

OIL PRODUCTS

Jet fuel demand is set to soar in the coming weeks according to BloombergNEF.

  • It is expected to top 1 mn bpd for the first time since the pandemic.
  • The number of flights, including domestic and international routes, is set to jump 55% during the coming months, according to current schedules.
  • There’s no guarantee the increase will be quite as big as they imply, with authorities routinely cutting several thousand scheduled flights a week or so before their intended departures depending on demand levels.


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