17 Sep 2021
Asian jet fuel margins soar as aviation demand begins to return
Asian jet fuel refining margins rose to $7.82/bbl as of September 17th, the highest since March 2020, Reuters reported. The rise was supported by arbitrage flows from the East to the West, which lowered Asian stockpiles. Additionally, the easing of Covid-19 travel restrictions saw the demand for jet fuel rise as countries in the region continue to roll-out vaccination programmes.