OPIS Blog

January 16, 2024
Jet fuel

Jet Fuel Demand Continues to Recover in 2024 as Sustainable Aviation Fuel Use Increases

US jet fuel demand in 2023 continued to recover from the COVID-19 pandemic, and the commercial airline industry began to...

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November 8, 2023
Biofuels, Jet fuel

What’s Behind the Thirst for Sustainable Jet Fuel and Diesel

Sustainable aviation fuel and renewable diesel don’t make as many headlines as other renewables, but they are critical to the...

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September 25, 2023
Jet fuel

Mid-2023 Brings Boost in Air Travel on US West Coast

Passenger traffic totals at Los Angeles International Airport (LAX) in July 2023 reached 7.308 million, representing a 15.17% increase compared...

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July 7, 2023
Jet fuel

Jet Fuel Pricing 101

The U.S. produces roughly 1.5 million to 1.75 million barrels per day of jet fuel, and while that is much...

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January 31, 2023
Gas & Diesel, Jet fuel, Retail Market

10 Predictions for 2023: A Look at an Oil-Soaked 2023 Crystal Ball

The following is an excerpt from Americas: Oil Market Outlook 2023. 1 U.S. gasoline prices will again command the consumer...

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December 8, 2022
Jet fuel

Cost Won’t Be a Long-Term Issue for Sustainable Aviation Fuel

As oil companies start to transition away from their fossil fuel businesses towards greener forms of energy, question marks surround...

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April 27, 2020
Jet fuel

Airline Industry Faces Long Recovery; Cheaper Jet Fuel Costs Offer Some Relief

Airlines are staring down a long road back in the wake of a veritable cliff dive in travel demand, which...

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January 21, 2020
Jet fuel

Jet Fuel Cost Analysis for 2020

Strong demand and production remained trends for U.S. jet fuel prices in 2019, but as the calendar rolls to 2020,...

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June 24, 2019
Gas & Diesel, Jet fuel, Spot Market

Gasoline, Diesel & Jet Fuel 2019 Midyear Price Update

Gasoline, diesel and jet fuel prices have been volatile in 2019. From political rhetoric to fundamentals, this year is shaping...

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January 14, 2019
Gas & Diesel, Jet fuel, Spot Market

Jet Fuel Prices in 2019 to React to Crude, IMO, Strong Demand

For the past two years, consumption of jet fuel by U.S. airlines has been strong, meaning that the annual pace...

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October 18, 2018
Gas & Diesel, Jet fuel

Gasoline, Diesel & Jet Refining: Geography Creates Winners & Losers

“It was the best of times; it was the worst of times . . . “

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July 11, 2018
Jet fuel, Spot Market

Jet Fuel Prices Set to Fall this Summer, Say Some Analysts

Jet fuel prices in the U.S., Europe and Asia have become a victim of their own success as 2018 reaches...

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June 4, 2018
Gas & Diesel, Jet fuel, Spot Market

How OPIS Assesses New York Harbor Spot Fuel Prices

Gasoline, diesel and jet fuel trade in the New York Harbor spot market on a full-day basis, with price swings...

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April 9, 2018
Gas & Diesel, Jet fuel

ExxonMobil Trading Strategy Shift Focuses on Refined Products 

Seismic strategic changes are in progress for the world’s largest oil major, ExxonMobil.

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January 2, 2018
Jet fuel, Spot Market

No Holiday Gift to Airlines: Stronger 2018 Jet Fuel Prices Expected

Jet fuel around the world is wrapping up 2017 at the highest values all year and the stage is set...

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October 10, 2017
Crude oil, Gas & Diesel, Jet fuel, NGL & LPG, Spot Market

Popping the Bubble of Fuel Freight Rates

Crude oil and refined product futures prices have been sliced in half since the oil price renaissance of 2011-14, but...

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