US jet fuel consumption rises; inventories hold steady

30 January 2013 18:08  [Source: ICIS news]

HOSUTON (ICIS)--Jet fuel consumption rates in the US increased slightly as inventories held steady for the week ended 25 January, a government agency’s report showed on Wednesday.

Jet fuel consumption increased by 9,000 bbl/day, or 0.7%, to reach 1.366m bbl/day, according to the US Energy Information Administration (EIA).

The slight uptick in consumption rates was not enough to impact stockpiles. For the week ended 25 January, US jet fuel inventories were steady at 39.8m bbl.

Jet fuel production for the week ended 25 January gained just 8,000 bbl/day to a rate of 1.394m bbl/day. The previous week showed a drop of 131,000 bbl/day in jet fuel production.

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By: Anna Matherne

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