Oil Markets

Supply-driven jet fuel market drops from record high despite summer boost

08.04.2022 - By S&P Global Commodity InsightsPlay

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The days of vaccine certificates and COVID-19 tests for travel are long gone for most, and yet jet fuel demand doesn’t seem to have fully recovered from the pandemic. S&P; Global Commodity Insights reporters Virginie Malicier and Maxim Kotenev tell Francesco Di Salvo how record-high physical premiums have led to a flurry of eastern cargoes sailing to Europe, and how short-staffed airlines and airports have had to cap passenger capacity growth despite ample pent-up travel appetite. Check our Jet CIF NWE Cargo assessment (PJAAU00) on Platts Dimensions Pro: https://platform.platts.spglobal.com/web/client?auth=inherit&ignoreIDMContext;=1#platts/priceprofile?symbol=PJAAU00

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