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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 passenger jet fuel demand is set to rise from 6.3m b/d in March to 6.9m b/d in May, amid a build-up to the peak summer travel season, according to BNEF.
- Around 76% of the consumption will be from Asia, North America, and Western Europe.
- The expected increase is in-line with seasonal norms.
- The post-pandemic growth momentum is now abating. Average annual growth in global passenger jet fuel demand in the period March-May is seen at 11%, well below the 31% seen over the same period in 2023, and the 48% in 2022.
- BNEF forecasts that fuel demand from international flights in China will average 0.14m b/d in March-May, 74k-92k b/d above the same period in 2023.
Source: BNEF
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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