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Infographic: Jet fuel recovery stymied on fears of a second coronavirus wave

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Infographic: Jet fuel recovery stymied on fears of a second coronavirus wave

  • Author
  • Gary Clark    Eklavya Gupte
  • Commodity
  • Oil
  • Topic
  • Coronavirus and Commodities

Jet fuel prices are convalescing despite an increase in scheduled flight capacity amid fears of a second wave of the coronavirus in some European countries.

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European jet stocks, both inland and floating, along with imports, remain high relative to the poor demand environment, acting to dampen any price rebound.

S&P Global Platts Analytics expects the recovery to remain sluggish with demand for jet fuel likely to lag well behind that of road transportation fuels.

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Platts Infographic: Jet fuel recovery stymied on fears of a second coronavirus wave