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Prices of jet fuel have been highly volatile. Prices shown here, from the U.S. Energy Information Administration, are reflective of world market prices in U.S. dollars. In New Zealand, additional volatility is introduced by the fluctuations of the N.Z. dollar against the U.S. dollar. Volatility in oil markets poses a challenge for airlines. An increase in crude oil prices lifts the industry’s largest input cost. But a price decrease can lead to lower airfares, spurring demand for travel and pushing airlines to increase capacity.

 

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Core dashboard information

Definition

U.S. Gulf Coast Kerosene-Type Jet Fuel Spot Price FOB (Dollars per Gallon)

Nature of data

Quantitative price data
Primary source

US Energy Information Administration - Petroleum and other liquids

Custodian of data

US Energy Information Administration

URL https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=EER_EPJK_PF4_RGC_DPG&f=M
Frequency Quarterly
Disaggregation World price
Quality of the data

Reliable

Next Update March, June, September and December