Author Topic: Jet Fuel Is Now So Cheap It’s Being Blended for Use by Ships  (Read 382 times)

0 Members and 1 Guest are viewing this topic.

rangerrebew

  • Guest

Business
Jet Fuel Is Now So Cheap It’s Being Blended for Use by Ships
By Elizabeth Low
and Ann Koh
September 20, 2020, 5:00 PM EDT Updated on September 21, 2020, 1:13 AM EDT
 

Supply Lines is a daily newsletter that tracks Covid-19’s impact on trade. Sign up here, and subscribe to our Covid-19 podcast for the latest news and analysis on the pandemic.

The fuel that powers passenger planes is normally among the most expensive oil products, but in a sign of the times the coronavirus has turned it into a blending component for typically cheaper shipping fuel.

Straight-run kerosene, usually processed into jet fuel, is now being used to make very low-sulfur fuel oil for the maritime industry amid a plunge in consumption by airlines. Higher than normal amounts of diesel and vacuum gasoil are also finding their way into shipping fuel.

https://www.bloomberg.com/news/articles/2020-09-20/jet-fuel-is-now-so-cheap-it-s-being-blended-for-use-by-ships