TradeWinds News: Jet fuel demand yet to reach pre-Covid levels as Chinese stay at home, says Poten
June 25, 2023
A reluctance by Chinese tourists to travel overseas is said to be the main reason why jet fuel shipments have yet to return to their pre-Covid levels, says a top shipbroker.
In 2019 jet fuel consumption peaked at 8m barrels per day (bpd), representing about 8% of total oil demand, according to Poten & Partners.
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