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JET FUEL PRICE / ATF (AVIATION TURBINE FUEL) PRICE THIS WEEK

Aviation Fuel (JetFuel)
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Jet Fuel Price / Aviation Turbine Fuel Price US$3.070/Gallon 

U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price FOB, US$ 3.070 per Gallon
As of: Monday, March 14, 2022

Considering 1 barrel equals 42 gallons, you can calculate price per barrel and approximately 7.893 barrels to a Metric Ton

jet fuel
Methodology for Platts Jet Fuel Price Index

Platts Jet Fuel Price Index is calculated by S&P Global 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 average spot prices in 2000, similarly 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 S&P Global Platts, a division of the McGraw-Hill Companies.

JET FUEL OR AVIATION TURBINE FUEL

ADDITIONAL INFORMATION

Jet fuel, Aviation Turbine Fuel (ATF), or Avtur is a type of fuel designed for use in aircraft powered by gas-turbine engines. It is clear to straw-coloured in appearance. The most commonly used fuels for commercial aviation are Jet A and Jet A-1 which are produced to a standardized international specification. The only other jet fuel commonly used in civilian turbine-engine powered aviation is Jet B which is used for its enhanced cold-weather performance.

Aviation Fuel or Jet fuel is a mixture of a large number of different hydrocarbons. Kerosene-type jet fuel (including Jet A and Jet A-1) has a carbon number distribution between about 8 and 16 carbon numbers (carbon atoms per molecule); wide-cut or naphtha-type jet fuel (including Jet B), between about 5 and 15 carbon numbers.

Aviation fuel or Jet Fuel is a specialized type of petroleum-based fuel used to power aircraft; it is generally of a higher quality than fuels used in less critical applications such as heating or road transport, and often contains additives to reduce the risk of icing or explosion due to high temperatures, amongst other properties.