Lower US jet fuel consumption results in 3.3% inventory gain

17 April 2013 22:24  [Source: ICIS news]

HOUSTON (ICIS)--US jet fuel inventories increased for the week ended 12 April as consumption of the product fell, a government agency’s report showed on Wednesday.

Inventories increased to 41m bbl for the week ended 12 April, up from 39.7m bbl the previous week.

Jet fuel consumption rates fell by 102,000 bbl/day to 1.256m bbl/day that same week, the US Energy Information Administration said.

Production rates also decreased, dropping by 48,000 bbl/day to a rate of 1.484m bbl/day.

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