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Weekly Jet Fuel Demand Driven Down by Falling US Consumption

JET FUEL

Global passenger jet fuel demand is set to fall by 1% to 5.9m b/d in the week to Dec. 4, according to BNEF.

  • North America is leading the decline, with a weekly drop of 2.8% in demand, supported by Western Europe where regional demand is down by 1.1%.
  • Jet fuel demand from domestic and international flights is set to decrease by 1.7% and 0.5% week-on-week, respectively.
  • In China, domestic flights are set to rise by 7.3% in the next four weeks. However, schedules in China are subject to routine last-minute cancellations and changes.

Source: Bloomberg

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