There may be some relief in sight for airlines as crude oil and jet fuel prices, although historically high, continue a gradual fall, data from the U.S. Energy Information Administration show. According to EIA, crude oil inventories are rising, which will put downward pressure on prices, with the U.S. now holding 25.4 days of supply of crude oil inventory, compared with 23.5 days of supply in early March. Meanwhile, U.S. oil production has risen to more than 6 million barrels per day, ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must be a paid subscriber to access "Oil Prices Mixed As Demand Falls And Supply Rises".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.