US jet fuel stocks fall by 0.3%, consumption down

06 March 2013 16:59  [Source: ICIS news]

HOUSTON (ICIS)--US jet fuel inventories and consumption rates dropped for the week ended 1 March, a government agency’s report showed on Wednesday.

Jet fuel consumption was at 1.288 m bbl/day, just 1,000 bbl/day lower for the week ended 1 March, according to the US Energy Information Administration (EIA).

Stockpiles fell by 100,000 bbl to 39.7m bbl that same week.

Meanwhile, production rates gained 7,000 bbl/day, or 0.5%, to 1.403m bbl/day, the EIA said.

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By: Anna Matherne

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