November 17, 2023 19:07 GMT
US Jet Fuel Demand Surges on Thanksgiving Travel: BNEF
US jet fuel demand has jumped by over 10% in the last two weeks to be 200k b/d higher than the same period in 2022, according to BNEF.
- It is not clear whether this is an upward shift in demand, or whether this is the result of stockpiling by airlines ahead of the holiday.
- Consumption of jet fuel in the US has been underwhelming in 2023, despite record passenger numbers at US airports.
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