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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 4 is set to rise as travel ramps up towards the peak summer season, according to BNEF.
- Implied jet fuel demand is set to rise by 1.8% on the week to 6.68m b/d.
- The rise is again driven by Europe and North America, which are set to raise jet fuel consumption by 53.5k b/d and 26k b/d respectively.
- However, all regions are seeing a weekly rise in jet fuel demand.
- In China, the scheduled domestic flight count is set to fall by 0.6% between June 4-June 10.
- Asia’s jet fuel demand is up 0.9% on the week to 1.96m b/d and is 9% above 2023 levels.
Source: Blooberg
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.
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