Jet Fuel Price
IATA Jet Fuel Price Monitor information
IATA has a page on
Jet Fuel Price Development – for the most up to date graphs
The world’s annual consumption of jet fuel (excluding military) is about 2 billion barrels.
IATA also gives a weekly analysis of jet fuel prices. 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.
IATA Jet Fuel Monitor weekly prices ($ per barrel):
To see the price of jet fuel, you have to go to the website – Platts will not permit any use of its figures. But the recent ones can be seen on the website above.
On 2nd December 2022 it was $122.70 per barrel.
On 8th July 2022 the price of jet fuel was $146.17 per barrel. And on 5th August, $128.21.
On 4th March 2022 jet fuel cost $141.70 per barrel. On 25th Feb it was $111.13. (Putin started invasion of Ukraine on 24th Feb 2022).
8th May 2020. Price $26.17 per barrel which is -69.2% lower than a year earlier, and 2.1% lower than a month earlier, (and 35.1% lower than a week earlier).
6th March 2020. Price $54.32 per barrel which is -32.4% lower than a year earlier, and -18.1% lower than a month earlier.