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 jet fuel demand is set to remain largely flat on the week at 6.1m b/d in the week to Feb. 19, according to BNEF.
- Western Europe, the Middle East, North America, and North Africa are expected to see weekly gains in implied jet fuel demand.
- Asia, Eastern Europe, and Latam are set for a week-on-week fall.
- In China, the number of domestic flights is set to drop by 1% over the next month, according to current schedules. However, these are subject to last minute changes.
- Current schedules also indicate that international demand from Chinese airlines is set to plateau in Feb, BNEF said.
- Jet fuel prices globally have risen over the past week, boosted by the ongoing Middle East tensions which have supported the oil complex.
- Rotterdam barge prices rose 8.1% on the week to $939/mt Feb. 09.
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