Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
JET FUEL
Global implied jet fuel demand in the week commencing June 17 is set to rise as upward as summer travelling season gets into full swing, according to BNEF.
- Implied jet fuel demand is set to rise by 1% on the week to 6.86m b/d.
- The rise is primarily driven by the Northern Hemisphere, namely Asia, North America, and Europe.
- Asia’s jet fuel demand is showing the largest rise on the week, up 18.4k b/d, or 1%, to 1.99m b/d. This is up 9.1% on the year.
- In China, the scheduled domestic flight count is set to rise by 3% between June 18-June 24 to 96.1k flights.
- Only Sub-Saharan Africa is seeing a week on week fall in demand, although it is up 3.7% on the year.
- Only North America’s jet fuel demand is lower year-on-year, down by 0.1%, or 1.8k b/d.
Source: Bloomberg
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok