Supply disruption concerns drive aviation fuel prices to a historic high

LootboxPhobia · 2026-03-05T15:42:42+00:00

Due to escalating concerns over supply disruptions, aviation fuel prices in major global markets have hit record highs, with Singapore jet fuel reaching $231.42 per barrel. Significant increases have also been observed in Northwest Europe and the US Gulf Coast.

LootboxPhobia

2026-03-05 15:42:42

Abstract generation in progress

Investing.com – S&P Global Platts reported on Thursday that due to escalating supply disruption concerns, aviation fuel prices in major global markets have risen to record levels.

Driven by global supply concerns, Singapore aviation fuel prices reached a historic high of $231.42 per barrel on Wednesday.

In Northwestern Europe, aviation fuel prices rose to $1,259.75 per metric ton, the highest level since the outbreak of the Russia-Ukraine war.

The benchmark price for pipeline aviation fuel along the Gulf Coast of the United States increased by 11.4%, reaching 348.63 cents per gallon, the highest since October 2022.

This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.