MARKET EYE: Jet Fuel's Ups and Downs

摘要

longside the rest of the energy complex, holding close to a $2.03-$2.12 per gallon range. In the face of weak demand, a sustained pullback in refinery utilization rates is making a dent in product stocks and may also be helping bolster jet differentials. Jet inventories in the US have fallen for three consecutive weeks, according to the Energy Information Administration. They were off more than 800,000 barrels during the week ended Nov. 13 and 2 million bbl, or 4.4%, during the three-week drawdown. Stocks are currently at their lowest level since early July.