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Jet Fuel Price Monitor


This jet fuel price index provides the latest price data from the leading energy information provider Platts. The index and price data shows the global average price paid at the refinery for aviation jet fuel on the reported date. 

Please note that we are unable to provide historical price data; for additional fuel price information visit the Platts jet fuel microsite.

Fuel Price Analysis

The jet fuel price ended last week up 7.5% at $77.6 /bbl:

Note: 100 in 2000 (87 cts/gal)

Impact on last year's fuel bill of the global airline industry

Jet fuel price average for 2018
Impact on 2018 fuel bill
$46.7 billion

Note: Excluding handling costs

Jet fuel price developments

​11 January
​4 January
28 December
​21 December

Taking a look at recent price developments

Taking a longer term perspective of price movements

Impact of Euro/US$ exchange rate movement

Methodology for Platts Jet Fuel price index

Platts Jet Fuel Price Index is calculated by Platts using that organization's proprietary daily assessments for Jet Fuel spot prices in the relevant regional centers. When a market is not assessed on a particular day, for instance because of a market holiday, the previous working day's spot assessment is used.

Each of the individual Platts assessments is given a weighting by Platts in the regional baskets, based primarily on uplift data and trading volume; in a similar way, each of the regional indices is given a weighting in the Global Composite Index (specified in the column "Share in Composite Index").

These values are compared with the average spot prices in 2000, similarily weighted by uplift during that period, to generate a percentage figure reflecting the overall rise in markets compared to the base period. As an example, an index value of 200 reflects a doubling of price since the year 2000.

Please note that all aspects of the Jet Fuel Price Index methodology and data, including the underlying data, are the intellectual property of Platts, a division of the McGraw-Hill Companies.


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