We’re speeding toward the end of 2015, which means that our monthly oil feature, The Oil Big Five, is increasingly focused on topics that could shape the global oil industry into 2016 and beyond.
Archive for the ‘jet fuel’ Category
By Elizabeth Bassett | November 12, 2015 05:21 PM Comments (1)
By Matt Kohlman | November 10, 2015 12:01 AM Comments (1)
Jet fuel may be half the price it was a year ago, but airlines used to so many sad-song years aren’t taking anything for granted. Just look at the semi-annual jet fuel forum held in always-sunny Cancun last week.
Where it was raining.
By Jeffrey Bair | October 27, 2015 12:01 AM Comments (1)
Back in the day six weeks ago, I used to tell this joke when I was explaining how Platts was sending me on the road for the rest of the year to get the pulse of the oil markets.
I hate to travel, and I don’t like people, so this is perfect for me.
By Elizabeth Bassett | June 4, 2015 12:01 AM Comments (2)
There are certain months that have obvious potential for big news, and June looks like one of them. November 2014 was another one, and this month’s iteration of The Oil Big Five follows up on many of the themes that were raised then.
We reached out to Platts oil editors and analysts worldwide to see what they were keeping an eye on in June, and these topics came back as immediate responses. We hope you’re tracking them as well, and be sure to leave us a comment and let us know your thoughts on the issues below or on Twitter, using the hashtag #oilbig5. If you’re not as concerned about these topics, then let us know what you are watching and what we should be watching as well.
By Matt Kohlman | October 21, 2014 11:41 AM Comments (0)
I flew two different airlines last week. Both were packed.
Despite Ebola fears. Despite high ticket prices. Despite a slowing global economy. Despite high jet fuel prices.
Wait. Scratch that last one.
Spot market jet fuel prices have plunged as much as 50 cents below the 2014 average.
By Matt Kohlman | September 30, 2014 11:37 AM Comments (1)
New York jet fuel prices spiked from mid-July through August, and new data gives more insight why. Blame Canada.
Canada may be sending everything from comedians and crude into the US. But in July, it took in a good bit of US jet fuel, mostly out of New York.
By Matthew Kohlman, David Elward and Su Yeen Cheong | September 1, 2014 09:45 AM Comments (2)
An old investing adage is to buy on the dips, a philosophy generally followed by US airlines in the hedging market over the years. This year? Not so much.
Jet fuel prices have declined in price and volatility so far in 2014. So has jet fuel hedging, at least in the US. What is essentially insurance on any airline’s single-largest cost has become seen as less than necessary.
By David Elward | August 27, 2014 12:01 AM Comments (1)
It’s not every day an asset of strategic importance to the UK’s oil infrastructure is put on the market.
Even less frequently will that asset come with a portfolio of clients including the UK Ministry of Defence, the US Air Force, oil majors and one of the largest international trading houses.
The sale of the Government Pipeline and Storage System, which supplies London’s Heathrow airport with aviation fuel, offers one such opportunity. Read the rest of this entry »
By Matt Kohlman | July 11, 2014 12:01 PM Comments (0)
The US summer movie season has yet to see a true blockbuster, unless you count “Transformers.” But new data shows the summer jet fuel demand season has finally reached blockbuster status.
US jet fuel demand for the week ended July 4 spiked 8% to 1.799 million barrels a day for its highest level since November 2007, while stocks plummeted 4% to 35.6 million barrels for the lowest mark since May 2004, according to data released July 9 from the Energy Information Administration.
By Joshua Mann | May 7, 2014 12:01 AM Comments (2)
Traditional heating oil may be in the last throes of popularity before it makes way for cleaner-burning fuels like natural gas or lower-sulfur distillate grades.
The product is not the chief heating fuel in the US–the Energy Information Administration estimates that about half of US households use natural gas as their primary heating fuel, compared with 6% using heating oil — but it has managed to cling to about a quarter of Northeastern households. That grip is slipping, though.