ukraine crisis

Mobilization Decree Shrivels Russia’s Air Travel Demand

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Russia's civil jet fuel consumption sank to a six-month low in November as President Vladimir Putin's September mobilization order and subsequent outflow of draft-dodgers sapped the country's formerly vibrant air travel sector. For the second month straight, federal structures — the defense ministry and the state-controlled strategic reserve — took delivery of more jet fuel than Russian airlines. Fuel output also plunged and dropped to a five-month low, according to preliminary data seen by Energy Intelligence. Despite the gloomy outlook for Russia’s war in Ukraine and its toll on the economy, jet fuel still remains a premium product for refiners.

Oil Products, Jet Fuel, Ukraine Crisis
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