30 May 2013 16:36 [Source: ICIS news]
HOUSTON (ICIS)--US jet fuel consumption rates fell for the week ended 24 May, causing a gain in inventories, a government agency’s report showed on Thursday.
Jet fuel consumption rates fell by 64,000 bbl/day to 1.381m bbl/day, the US Energy Information Administration (EIA) said.
Accordingly, stockpiles of the product increased by 100,000 bbl to 38.7m bbl that same week.
Production rates fell by 56,000 bbl/day to 1.460m bbl/day, while imports were slightly up by 11,000 bbl/day to 46,000 bbl/day.
Meanwhile, refinery utilisation rates fell by 0.9 percentage points to 86.4%.
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