US jet fuel inventories gain 1%, consumption up 4.4%

09 January 2013 21:21  [Source: ICIS news]

HOUSTON (ICIS)--Both inventories and consumption of US jet fuel increased for the week ended 4 January, a government agency’s report showed on Wednesday.

Jet fuel inventories gained 40,000 bbl to 39.6m bbl, according to the US Energy Information Administration (EIA).

Consumption rates were at 1.402m bbl/day, 59,000 bbl/day higher than the previous week’s rate of 1.343m bbl/day, the EIA said.

Meanwhile, jet fuel production fell for the week ended 4 January, losing 22,000 bbl/day to 1.511m bbl/day.

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By: Anna Matherne
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