Rajan Wilcox
The price of jet fuel per barrel varies depending on the type of fuel and the region. For example, the global average jet fuel price was $91.82 per barrel last week, according to the Jet Fuel Price Monitor, which uses data from energy information provider Platts. However, the price can be higher or lower depending on regional demand and other factors. Platts' assessments are given weightings based on regional demand, and the full methodology can be found on the S&P Global Platts website. The price of jet fuel is important for the aviation industry and can impact the cost of air travel and freight transportation.
| Characteristics | Values |
|---|---|
| Global average jet fuel price | $91.82/bbl |
| Jet fuel price in the US | $88.3/bbl |
| Jet fuel price in the FAA Alaska region | $8.09/gallon |
| Jet fuel price in the FAA Central region | $5.62/gallon |
| JP-8 jet fuel price | $90.04968/barrel |
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What You'll Learn
Jet fuel price per barrel
The price of jet fuel per barrel varies depending on the type of fuel and the region. As of August 2025, the price of Jet-A1 fuel in the United States is 88.30 dollars per barrel, according to JET-A1-FUEL.com. However, it is important to note that Platts, the leading energy information provider, does not permit the use of its figures on other websites.
The Jet Fuel Price Index, published by S&P Global Platts, provides daily assessments of jet fuel spot prices in the physical spot market of relevant regional centers. The global average jet fuel price can vary; for example, it fell 1.2% to $91.82 per barrel compared to the previous week.
JP-8, a brand of hydrocarbon fuel used in the USA and other NATO countries for jet engines, was priced at $90.04968 per barrel.
The national average price for jet fuel in the United States as of August 4, 2025, is $6.30 per gallon, according to GlobalAir.com. However, prices can vary by region, with the FAA Alaska region reporting the highest jet fuel price at an average of $8.09 per gallon, while the FAA Central region has the lowest average price at $5.62 per gallon.
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Jet fuel price per gallon
The price of jet fuel per gallon varies depending on various factors, including region, demand, and market conditions. According to GlobalAir.com, the national average price for jet fuel in the United States is $6.30 per gallon. However, prices can vary across different regions, with the FAA Alaska region reporting the highest jet fuel price at an average of $8.09 per gallon, while the FAA Central region has the lowest average price at $5.62 per gallon.
Jet fuel trades in the physical bulk market, where transactions typically involve tens of thousands of barrels at a time. The price of jet fuel is influenced by supply and demand dynamics, and it is susceptible to supply issues and refinery problems. For instance, in early April 2022, jet fuel supplies were scarce, leading to trading at a premium to NYMEX futures, with prices briefly surpassing the $7 per gallon mark.
The cost of jet fuel per gallon also depends on the type of fuel used. In the United States, aircraft commonly use "Jet A" fuel, while "Jet A-1" is utilized in Europe, Asia, and other international markets. "Jet A-1" has a slightly lower freezing point, making it more suitable for colder climates. The military employs a specialized type of jet fuel known as "JP-8," which incorporates additional additives to enhance performance and safety for military applications.
The price of jet fuel per gallon has a significant impact on the aviation industry. For example, filling a single Boeing 747 aircraft with jet fuel at $2.25 per gallon would cost nearly $130,000, and airlines operate hundreds of flights daily. Therefore, fluctuations in jet fuel prices can substantially affect the operational costs and profitability of airlines.
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Jet fuel price per metric ton
The price of jet fuel per metric ton varies and is dependent on various factors. As of June 2021, the average cost of aviation fuel was estimated to be $7,070 for 3,500 gallons of jet fuel. The price can vary from a low of $4,040 to a high of $14,140. In June 2020, the cost per gallon was $1.08, which was a 5-cent increase from May 2020 ($1.03). Jet fuel costs vary depending on the type of fuel and the region. For example, the price of Jet A1 fuel in the United States is different from the global average price. Additionally, the amount of fuel consumed by an aircraft depends on the type of aircraft and its weight. A typical Boeing 747-400 passenger jet burns between 5,633 and 5,772 pounds of jet fuel on takeoff, while the 747-8 passenger plane can carry up to 422,000 pounds of jet fuel or 63,034 gallons. The cost of jet fuel also impacts the airline's profitability, as the cost of fuel must be spread among the passengers.
The price of jet fuel is influenced by the demand in the region and is compared to the average spot prices in 2000. An index value of 200 reflects a doubling of the price since 2000. The Jet Fuel Price Index is published by S&P Global Platts and reflects daily assessments of jet fuel spot prices in the physical spot market of relevant regional centers. The global average jet fuel price can vary weekly, and as of the last week, it fell by 1.2% to $91.82 per barrel.
The price of jet fuel per metric ton can be influenced by various factors, including the cost of crude oil, refining margins, and taxes. The cost of crude oil is a significant factor, as it is a key input in the production of jet fuel. Refining margins, which refer to the difference between the cost of crude oil and the selling price of the refined product, can also impact the price of jet fuel. Taxes and duties imposed on jet fuel by governments can also affect the final price.
Additionally, the price of jet fuel can be affected by the availability and cost of alternative fuels. For example, if airlines have the option to use cheaper alternative fuels, the demand for jet fuel may decrease, leading to a potential decrease in prices. However, if the cost of alternative fuels increases, it could make jet fuel a more attractive option, potentially driving up demand and prices.
Overall, the price of jet fuel per metric ton is a dynamic and complex figure that is influenced by various economic and market factors. The price can vary over time and across regions, and it is essential to consider the specific circumstances and factors influencing the market at a given time to understand the current pricing.
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Jet fuel price per litre
The price of jet fuel per litre varies depending on various factors, such as the region, demand, and the price of oil, which fluctuates daily. As of January 2022, the price of Jet A1 was approximately $816 per metric tonne, which equates to about $0.82 per kilogram or £0.61 per kilogram. This can be further broken down to around $0.37 per litre or £0.28 per litre. However, it is important to note that the price of jet fuel is not static and can change rapidly. For example, the price of Jet A1 in January 2022 was approximately double that of January 2021.
The cost of jet fuel also depends on the quantity purchased and the contract details. Airlines may engage in "hedging," where they agree on a constant price for fuel for a set period, protecting them from price increases but potentially resulting in higher costs if the market price drops. The absence of tax on aviation fuel in certain regions, such as the UK and Europe, also impacts the final price paid by airlines.
The variation in jet fuel prices can be observed through different metrics and time periods. For instance, as of August 2025, the price of jet fuel was quoted at 88.3 bbl/$, indicating a price per barrel. On the other hand, the global average jet fuel price for a specific week was $91.82 per barrel, showcasing how prices can fluctuate weekly.
The cost of jet fuel also significantly impacts the aviation industry's fuel bill. For example, a Boeing 747-400 (Jumbo Jet) flying from London to New York burns approximately 70,000 kilograms of fuel, costing approximately £53,500 or £118 per passenger. These calculations are based on the specific gravity of jet fuel, which is approximately 0.85, affecting the density and, consequently, the overall fuel consumption.
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Jet fuel price in different regions
The price of jet fuel varies across different regions and is subject to frequent changes. As of the last update, the global average jet fuel price was $91.82 per barrel, a 1.2% decrease from the previous week.
Platts, a division of S&P Global Commodity Insights, is a leading provider of jet fuel price data. Their assessments are based on daily evaluations of spot prices in relevant regional centers, with each region weighted based on jet fuel demand. However, Platts does not publicly disclose all its price figures.
In the United States, jet fuel prices can vary by region and airport. Websites like GlobalAir.com provide up-to-date information on national and regional average aviation fuel prices for different types of jet fuel. Additionally, JET-A1-FUEL.com offers price information for various jet fuels, including JET A1 and JP-54, but the prices are not always publicly available.
It is important to note that jet fuel prices are dynamic and influenced by various factors, including demand, market conditions, and energy prices. Therefore, while these sources provide valuable insights, they may not reflect the most current prices, and it is advisable to refer to official sources and data providers for the latest and most accurate information.
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Frequently asked questions
The cost of a barrel of jet fuel was $88.30 on 04 August 2025.
The global average jet fuel price was $91.82 per barrel last week.
The national average price for jet fuel per gallon in the US is $6.30.
