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Weekly Global Jet Fuel Demand Rises On Europe, US

JET FUEL

Implied global passenger jet fuel demand this is week is set to rise by 0.5% on the week driven by an uptick in demand from Western Europe and the US according to BNEF.

  • Western European demand is expected to rise by 3% in the week of 14-20 Feb, compared with a week earlier.
  • In China, the number of scheduled domestic flights is set to surge by 10.5% over the next four weeks, current scheduled suggest. However, this might not materialize as China has routinely cut several thousand scheduled flights.

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