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European jet fuel prices break new record on fears of escalating Middle East war

European jet fuel flat prices rose to an all-time high April 2, driven by new record highs for the ICE low-sulfur gasoil futures contract, after US President Donald Trump’s comments stoked fears of further escalation in the Middle East war. The Jet CIF NWE cargo flat price rose $232.25/mt day over day to $1,842.50/mt. Barges rose $206/mt day over day to $1,786/mt. Since the war broke out, jet fuelEuropean jet fuel flat prices rose to an all-time high April 2, driven by new record highs for the ICE low-sulfur gasoil futures contract, after US President Donald Trump’s comments stoked fears of further escalation in the Middle East war. The Jet CIF NWE cargo flat price rose $232.25/mt day over day to $1,842.50/mt. Barges rose $206/mt day over day to $1,786/mt. Since the war broke out, jet fuelRead More

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