Jet fuel shipments up 11% as airline traffic now exceeds pre-COVID levels

During the first nine months of 2024, seaborne shipments of jet fuel increased 11% over 2023. Shipments were equivalent to 461 million barrels or 1.7 million barrels per day (mbpd). At the same time, airline passenger traffic measured in Available Seat Kilometres (ASK) exceeded 2019 levels for the first time since COVID.

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