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 down 0.1% at $77.5 /bbl:
Impact of jet fuel price developments on last year's industry total fuel bill
|Jet fuel price average for 2018||$86.1bbl|
|Impact on 2018 fuel bill||
Note: Excluding handling costs
Recent jet fuel price developments
Jet fuel price developments - past twelve months
Jet fuel price developments - longer term perspective
Jet fuel price developments - impact of Euro/US$ exchange rate movements
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.