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Global Jet Fuel Demand to Peak in Late August: BNEF

JET FUEL

Global jet fuel demand will peak in the second week of August, at 6.93 million b/d, according to BloombergNEF estimates.

  • BNEF then expects demand to fall to 6.80m b/d in September, and further down to 6.67m b/d by October, as the summer travel winds down.
  • Demand in Asia, North America and Western Europe will comprise approximately 75% of global jet fuel demand during this period.
  • Jet fuel demand for international flights to China is also expected to surpass 0.11m b/d across Aug-Oct.


source: BNEF

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