US jet fuel consumption gains 26.9%, inventories fall

24 April 2013 17:45  [Source: ICIS news]

HOUSTON (ICIS)--US jet fuel consumption increased for the week ended 19 April as inventories of the product fell, a government agency’s report showed on Wednesday.

Inventories decreased by 1.1m bbl, or 2.7%, to 39.9m bbl, the US Energy Information Administration (EIA) said.

Jet fuel consumption rates moved higher by 338,000 bbl/day to 1.594m bbl/day that same week

Production rates also increased, gaining 22,000 bbl/day to a rate of 1.506m bbl/day.

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By: Anna Matherne

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