Global Demand Snapshot: Climbing Up Toward Summer Peak

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Jet fuel demand in a group of representative countries reached a post-pandemic peak of nearly 3.6 million b/d in June. Asia-Pacific countries posted the strongest gains in the run-up to the peak summer travel season after remaining travel restrictions were lifted. Japanese consumption jumped to a four-year high of 245,000 b/d. Bonded fuel used on the international flights drove most of the gain. Australian demand climbed 36% above year-ago rates to 169,000 b/d — reaching a post-pandemic high.

Jet Fuel, Oil Demand
Wanda Ad #2 (article footer)
ZeroAvia can advance its vision for hydrogen aviation with a funding round led by Airbus, Barclays Sustainable Impact Capital and Saudi Arabia's NEOM.
Fri, Sep 22, 2023
Lower Russian exports are threatening to shatter the fragile rerouting of global diesel flows that has emerged since EU sanctions.
Tue, Sep 19, 2023