Global Jet Fuel Demand Soars, Boosting Oil Prices

Jet fuel demand is set to rise by 650,000 barrels per day (bpd) in 2024, compared to last year, according to Simon Warren, an analyst at the world’s largest independent oil trader, Vitol Group. Read More

Slowing global jet fuel consumption adds to oil demand concern

Global jet fuel demand averaged about 7.49 million barrels-per-day (bpd) this year through July, a nearly 500,000-bpd increase over the same period last year, according to Goldman Sachs data. Read More

Slowdown in consumer spending hurts global demand for jet fuel; oil ...

Global jet fuel demand is likely to ease as the slowdown in consumer spending impacts people's travel budgets. A shift in pattern can affect oil prices in the coming months. Read More

Jet Fuel Demand Back with a Vengeance - Rigzone

Jet fuel demand has come back with a vengeance, despite the recent bout of Covid-19, and should continue to grow into 2023. That’s what BofA Global Research stated in a new report sent to ... Read More

Jet fuel prices up as demand jumps, refinery outages limit supply

Jet fuel prices have risen to levels never recorded in January as demand from China's lifting of COVID-19 travel restrictions and U.S. refinery outages, with the surge likely to continue, analysts ... Read More

3 Energy Giants Set to Soar With Record Jet Fuel Demand

3 Stocks to Keep an Eye On. As refiners ramp up their output to meet soaring demand, several energy companies stand to benefit. To simplify matters for investors, we have handpicked three energy ... Read More

Analysis-Global Oil Refiners See Short-Term Boost From Higher Margins

Global composite refining margins reached $8.37 per barrel in May 2025, according to consultancy Wood Mackenzie, their highest since March 2024, but still much lower than the $33.50 average in ... Read More

Slowing global jet fuel consumption adds to oil demand concern

Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift that could weigh on oil prices in the months ahead. Global oil demand has not met ... Read More

Slowing Global Jet Fuel Consumption Adds to Oil Demand Concern - U.S. News

Global jet fuel demand averaged about 7.49 million barrels-per-day (bpd) this year through July, a nearly 500,000-bpd increase over the same period last year, according to Goldman Sachs data. Read More