Reuters
Jet fuel prices have risen to levels never recorded in January as demand from China's lifting of COVID-19 travel restrictions and U.S. refinery outages, with the surge likely to continue, analysts and refining executives say. Jet fuel this year will be the largest source of oil demand growth, says the International Energy Agency, which monitors energy consumption. This month's demand should hit 6.6 million barrels per day, the highest reading since February 2020, said Viktor Katona, an analyst at data firm Kpler.