US jet fuel consumption drops by 2.2%, inventories fall

13 February 2013 16:47  [Source: ICIS news]

HOUSTON (ICIS)--US jet fuel inventories fell for the week ended 8 February despite a drop in consumption rates, a government agency’s report showed on Wednesday.

Jet fuel consumption was 31,000 bbl/day lower at 1.401m bbl/day, according to the US Energy Information Administration (EIA).

Stockpiles decreased by 300,000 bbl to 38.8m bbl that same week.

However, production rates increased, gaining 43,000 bbl/day to reach 1.436m bbl/day, the EIA said.

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By: Anna Matherne

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