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North American Snapshot: Pent-Up Travel Demand Lifts Fuel Usage

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North American jet fuel demand topped 1.7 million b/d in April with the start of spring flight schedules. A surge in liftings at airports along the Gulf Coast more than offset the drop at East Coast locations, boosting US consumption to 1.53 million b/d. Major US carriers accounted for all of the increased volume. Canadian usage climbed to 105,000 b/d with the resumption of more long-haul flights. Strong tourist arrivals lifted Mexican demand above 70,000 b/d.

Topics:
Oil Demand, Jet Fuel, Oil Trade
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