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.

Follow Anna on Twitter

By: Anna Matherne

AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly