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Jet Kerosene price witnessed an upward trajectory on the back of high upstream crude oil prices owing to the ongoing war between Russia and Ukraine during the first quarter of 2022. Limited supply of Jet Kerosene because of unexpected refinery outage in the Exxonu2019s Bayfield facility in December 2021. Jet kerosene was in high demand in the downstream airline industries, American airlines CEO Doug Parked stated that the industry has hit a one-day record high revenue, during Q1 of 2022.
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Jet Kerosene Price Trend and Forecast Jet Kerosene pricewitnessed an upward trajectory on the back of high upstream crude oil prices owing to the ongoing war between Russia and Ukraine during the first quarter of 2022. Limited supply of Jet Kerosene because of unexpected refinery outage in the Exxon’s Bayfield facility in December 2021. Jet kerosene was in high demand in the downstream airline industries, American airlines CEO Doug Parked stated that the industry has hit a one-day record high revenue, during Q1 of 2022. In fact, they had two days with 15% of higher revenues as compared to any previous days contributing to the upward price trend of jet kerosene in the American market. Jet Kerosene prices in the USA increased by over 6% in Q1 2022. https://www.chemanalyst.com/Pricing-data/jet-kerosene-23
Jet Kerosene pricing online Jet Kerosene pricing in the Indian market were recorded at USD 776/MT in March 2022. Jet Kerosene prices have been on a rise ever since the downstream aviation sector returned to their full operation increasing the demand for Aviation Turbine Fuel (ATF). High prices of the upstream Crude oil due to the ongoing war between Russia and Ukraine elevated Jet Kerosene values. One of the Airline executives stated that the booking in domestic air travel for leisure has been on a rise in India this quarter abetting the increase in demand of Jet kerosene in the domestic market. https://www.chemanalyst.com/Pricing-data/jet-kerosene-23
Prices of jet kerosene in the European market Prices of jet kerosene in the European market was on an upward track and rising on the back of high upstream crude oil and natural gas prices Jet Kerosene prices have been on a rise ever since the downstream aviation sector returned to their full operation increasing the demand for Aviation Turbine Fuel (ATF).
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