blank – page on jet fuel price needs more work

IATA  Jet Fuel Price Monitor 

Weekly Jet Fuel Prices, for recent weeks.   See below.


Percentage change vs.

20-Jan-12

Index*

$/b

cts/gal

$/mt

1 week ago

1 month ago

1 year ago

Jet Fuel Price

353.1

129.2

307.6

1018.0

-0.3%

4.9%

15.4%

Sourced from Platts            * 100 in 2000 (87 cts/gal)

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2012

Impact on 2012 fuel bill

$129.5/b

+$32 billion

 

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Each week IATA updates its jet fuel price index to provide the latest price data
from the leading energy information provider Platts.  The weekly index and price data shows the global average price paid at the
refinery for aviation jet fuel.

 

Jet Fuel Price  07- Oct -11 Index*        $  334.0      * 100 in 2000 (87 cts/gal)$/b             $  122.2
Percentage change vs1 week ago           –  0.5%1 month ago         –  5.9% %1 year ago            +  27.5%     Sourced from Platts
 
 
——————————————————
 

Jet Fuel Price  08- Aug-11 Index*         $  341.5      * 100 in 2000 (87 cts/gal)$/b             $  124.9
Percentage change vs1 week ago           – 6%1 month ago         –  2.2 %1 year ago           + 33.6%     Sourced from Platts
——————————————————-
 
Jet Fuel Price  15- July-11 Index*         $  361.4      * 100 in 2000 (87 cts/gal)$/b             $  132.2
Percentage change vs1 week ago           + 0.4%1 month ago         – 0.1%1 year ago           + 52.5%     Sourced from Platts
   
——————————————————–  
 

Jet Fuel Price  8- July-11 Index*       $  344.4      * 100 in 2000 (87 cts/gal)$/b             $  126.0
Percentage change vs1 week ago             0.0%1 month ago         – 5.1%1 year ago           + 45.7%     Sourced from Platts
 
—————————————————
 
Jet Fuel Price  1- July-11 Index*       $  344.2      * 100 in 2000 (87 cts/gal)$/b             $  125.9
Percentage change vs1 week ago          4.3%1 month ago         – 4.1%1 year ago           + 51.1%     Sourced from Platts
   
—————————————————–   
Jet Fuel Price  18- June-11Index*       $  351.9      * 100 in 2000 (87 cts/gal) $/b             $  128.7
Percentage change vs1 week ago          – 4.1%1 month ago        + 0.9%1 year ago           + 40.5%     Sourced from Platts

———————————————————

 

 
Jet Fuel Price  11- June-11
Index*       $  366.8       * 100 in 2000 (87 cts/gal)

$/b             $  134.2

Percentage change vs1 week ago        1.9%1 month ago       – 3.1%1 year ago           53.7%     Sourced from Platts

———————————————–

Jet Fuel Price   3- June-11

Index*       $  359.0       * 100 in 2000 (87 cts/gal)

$/b            $  131.3

Percentage change vs

1 week ago        0.9%

1 month ago       – 5.2%%

1 year ago           49.9%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $127.4 /b  ?

Impact on 2011 fuel bill             +$ 60 billion  ?

Estimated by IATA              

IATA Methodology     

 

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Jet Fuel Price  20-May-11

 Index*       $  344.7       * 100 in 2000 (87 cts/gal)

$/b            $  126.1

Percentage change vs

1 week ago       – 2.6%

1 month ago      – 9.7%

1 year ago           52.7%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $127.4 /b  ?

Impact on 2011 fuel bill             +$ 60 billion  ?

Estimated by IATA               IATA Methodology     

 

————————————————-

 

Jet Fuel Price  06-May-11 Index*        $  348.0       * 100 in 2000 (87 cts/gal)$/b            $  127.3
Percentage change vs1 week ago       – 10.9%1 month ago      – 8.5%1 year ago          39.40%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $127.4 /b  ?

Impact on 2011 fuel bill             +$ 60 billion  ?

Estimated by IATA               IATA Methodology     

 

————————————————————————————
 
Jet Fuel Price   29-Apr-11 Index*        $  387.5       * 100 in 2000 (87 cts/gal)$/b            $  141.8cts/gal       $  337.5$/mt          $ 1117.2

Percentage change vs

1 week ago        1.2%

1 month ago      6.2%

1 year ago         45.60%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $127.4 /b

Impact on 2011 fuel bill             +$ 60 billion

Estimated by IATA               IATA Methodology     

——————————————————
 
 
Jet Fuel Price   22-Apr-11 Index*        $  383.2       * 100 in 2000 (87 cts/gal)$/b            $  140.2cts/gal       $  333.7$/mt          $ 1104.8

Percentage change vs

1 week ago        0.1%

1 month ago      3.5%

1 year ago         47.70%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $125.5 /b

Impact on 2011 fuel bill             +$ 58 billion

Estimated by IATA               IATA Methodology     

—————————————————————————
Jet Fuel Price   15-Apr-11 Index*        $  382.6       * 100 in 2000 (87 cts/gal)$/b            $  140.0cts/gal       $  333.3$/mt          $ 1103.2

Percentage change vs

1 week ago      -2.2%

1 month ago     5.8%

1 year ago       45.0%     Sourced from Platts

Impact on this year’s fuel bill of the global airline industry:

New fuel price average for 2011   $125.6 /b

Impact on 2011 fuel bill            +$ 57 billion

Estimated by IATA               IATA Methodology     

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One barrel of oil contains 159 litres.
 
So the price of jet fuel per litre (at $104.6) is $0.65  which is 42p per litre,
and add on around 10% for refining etc.  i.e. around 45 p per litre.