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Jet Fuel Finds Once Unthinkable Home

Jet Fuel Finds Once Unthinkable Home thumbnail

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.

The shift, almost unthinkable just a year ago, reflects the obliteration of demand the aviation industry has suffered in the wake of the Covid-19 pandemic. And with the International Air Transport Association not expecting air travel to get back to pre-virus levels until 2024, it may be a feature of the market for some time to come.

Jet fuel components were used for blending in April and May in Singapore before it became uneconomic as prices moved back to a premium to VLSFO, said Eugene Lindell, a senior analyst at consultant JBC Energy GmbH. The switching is picking up again after aviation fuel flipped back to a discount, he said.

“Only in a situation where the economy is in complete tatters, do we see usually more expensive components heading straight into VLSFO,” Lindell said.

Jet fuel prices in Singapore plunged from above $70 a barrel in January to close to $20 in early May before recovering to trade around $41, according to Bloomberg Fair Value data. VLSFO bunker prices in the Asian oil hub, meanwhile, are around 53% lower than they were at the end of last year, Cocket Marine prices show.

The destruction of demand for aviation and road transport fuels has led to a greater availability of blending components for shipping fuel, Unni Einemo, director of the International Bunker Industry Association, said at the Platts APPEC 2020 conference last week.

While jet fuel’s woes are resulting in cheaper prices for the shipping industry, blending can potentially pose problems. Trading houses and refiners typically buy a variety of fuel oil and distillates to mix into fuel for ships. Using too much straight-run kerosene, however, can lower the temperature at which fuels catch fire, a serious risk for vessels.

“As a very combustible petroleum product, jet fuel can be used in a marine fuel blend, and so we would not be surprised this practice may be occurring,” Tim Wilson, principal specialist for fuels, lubes and emissions at Lloyd’s Register, told Bloomberg earlier this year. However, jet fuel grades can have a far lower flash point, or temperature at which it ignites, than what’s required for shipping fuels, he said.

RIGZONE



44 Comments on "Jet Fuel Finds Once Unthinkable Home"

  1. DT on Tue, 22nd Sep 2020 1:43 pm 

    Just goes to show that all crude is refined and burned/used in some way. So all you idiots out there thinking driving an electric car is going to mean less crude refined and burned need to wake up. No crude oil products means no industrial civ.

  2. zero juan on Tue, 22nd Sep 2020 2:05 pm 

    Another useless lunatic day:

    DT said Just goes to show that all crude is refined and bu…

    IFuckCanadaPoliticiansInTheAss said Hi StarvingLion. So basically same BS as usually,…

    Count Snorter Von Liechtenstein said You disgust me you bastard!

    The Bastard of The North said The nights are long and full of sharts!

    REAL Green said Woof. Woof. LOFDAO!

    Davy said Oops, sorry cloggo. Wrong link again. https://www….

    Davy said Just shup up you say? I think that is an excellen…

  3. Davy on Tue, 22nd Sep 2020 2:09 pm 

    woof woof!

  4. zero juan on Tue, 22nd Sep 2020 2:22 pm 

    the lunatic is always lurking in the shadowns. LMFAO

    Davy said woof woof!

  5. makati1 on Tue, 22nd Sep 2020 5:54 pm 

    RIGPORN! See my comment after the next article.

  6. makati1 on Tue, 22nd Sep 2020 7:38 pm 

    BTW: All you Sinophobes. If you hate China, why are you still buying stuff made there and stuff that contain Chinese made parts? Do you own a smart phone? How about that TV? Your car/truck? Refrigerator? Stove? Meds? Those are a YUGE item aren’t they these days? Read the lable before you buy…LOL

  7. Abraham van Helsing on Wed, 23rd Sep 2020 12:01 am 

    Poor Boris, achieved his life-long ambition at the worst possible moment and he has to preside over a trainwreck, a bit like his hero Churchill did. And 2021 no-deal Brexit has yet to come.

    https://www.dailymail.co.uk/news/article-8760497/Boris-Johnson-faces-Tory-backlash-coronavirus-crackdown.html

    ‘”Shutting down society causes massive damage to health, lives, and jobs’: Boris Johnson’s own Tory MPs and business turn on him over winter shutdown rules and swingeing fines to fight Covid“

    https://www.dailymail.co.uk/news/article-8761321/Boris-Johnsons-speech-Internet-users-try-humour-doom-laden-coronavirus-address.html

    “‘Winter (in lockdown) is coming’: Internet users try to find the humour in Boris Johnson’s doom-laden national address“

  8. Davy on Wed, 23rd Sep 2020 12:58 am 

    Whats swingeing meen cloggo?

    fuckface

  9. I AM THE MOB on Wed, 23rd Sep 2020 2:28 am 

    Americans are Evil, Vindictive, and more armed than ever. All we need is a common enemy to set this world a blaze.

  10. Abraham van Helsing on Wed, 23rd Sep 2020 2:59 am 

    Americans are Evil, Vindictive, and more armed than ever. All we need is a common enemy to set this world a blaze.

    Exactly mobbie!

    We in Europe and Russia (and Iran) quietly support Anglo action in the South China Sea. We want to see proud Anglo navies parading at 30 knots all over place to show who is boss.

    I’m with mobbie, hit ‘em hard! We know for a fact that smart, disciplined US darkies will beat these Chinks with two fingers in the nose. And if every now and then somethings goes wrong, we know the brave black soldiers will know how to save themselves, as they win all medals with swimming, like they do with running.

    Gonna be a slam dunk victory for da black Anglos/WASPs, honest! And once the victory in the SCS has been achieved, you only have to let loose every US soldier over every major Chinese city. Rest assured that what they did to NYC, they’ll do to Shanghai as well. That’ll teach Xi!

    I’m with mobbie!

  11. Abraham van Helsing on Wed, 23rd Sep 2020 3:07 am 

    Only Farage is worse than Harry:

    https://www.dailymail.co.uk/news/article-8762603/Meghan-Markle-labels-November-vote-important-lifetime.html

    “Prince Harry and Meghan Markle face backlash as they break royal protocol by intervening in US election to urge Americans to ‘reject hate speech’ and label November’s vote the ‘most important of our lifetime'”

    They are already getting themselves warm for 2024. If Trump is going to win (2-1) AND he gets his victory recognized (a big if), then Meghan and Windsor-Harry are predestined to preside over CW2 in 2024/2025. By that time the EU-Russia and China are strong enough to take over from empire and preside over a multi-polar world with New Silk Road as the economic backbone of the planet.

  12. Abraham van Helsing on Wed, 23rd Sep 2020 3:40 am 

    China this and Paris-Berlin-Moscow that…

    The prospect of a multi-polar world order after empire:

    https://parisberlinmoscow.files.wordpress.com/2020/08/turk-caliphate.jpg

    Turkish grandiose dreams of a revival of the Ottoman empire are not as far-fetched as it seems. If the US empire would collapse, the very next day the Muslim Brotherhood would take over in both Egypt and Saudi-Arabia and its new leaders would be in the plane heading for Istanbul on day 2, just like the brief presidency of Morsi in Egypt has shown, until he was sabotaged by the proxy of the US, the Egyptian army. Turkey and Egypt could become the Germany and France and nucleus of an Islamic sort of EU.

    To sum it up:

    – US balkanizing, white parts in confederation with Paris-Berlin-Moscow, with Europe in the lead.
    – UK balkanizing, Irish reunification, Scotland full-blown EU-member, England merely member of the Common Market.
    – Russia becomes a full-blown European country
    – Turkey, Egypt, KSA become fully islamized and form the nucleus of an Islamic culture circle.
    – China will have great problems keeping its Uigur Muslims under control.
    – Japan in soft-alliance with Europe.
    – China expands deep into East-Asia and Pacific, incl. Down Under.
    – Mexico expands deep into former US territory.

    For the rest of the century the only interesting question remains who will land on the Moon, Mars and Europa first, China or Europe. May the best win.

  13. zero juan on Wed, 23rd Sep 2020 5:56 am 

    Nightly lunatic from JuanP:

    Davy said Whats swingeing meen cloggo? fuckface

    we’re all hs dropouts now said Convict 19 deaths made us so Back when I said Phil…

    REAL Green said Come on Davy, that is not a cloggie comment. Try a…

  14. Dooma on Wed, 23rd Sep 2020 7:24 am 

    There is NOTHING glamourous about Avtur, it is basically kerosene. Smells similar and is greasy as hell.

    But Avgas is a whole lotta fun. Just fill your petrol tank up with it and enjoy!

  15. what the deal with notorious RGB anyways she is just a muzzie lover just like whitey supertard sunweb on Wed, 23rd Sep 2020 7:32 am 

    muzzie lovers gonna love

    convict 19 death rate after ozart 2^N N=18 years

    after turgid 2^N N=17 years

  16. Arms depot of Iran-backed Hezbollah explodes in Lebanon, source says on Wed, 23rd Sep 2020 7:45 am 

    how many muzz arms cache in western countries

    harvesting time,when?

  17. Davy on Wed, 23rd Sep 2020 8:29 am 

    Woof. Woof. Woof.

  18. Shortend on Wed, 23rd Sep 2020 9:02 am 

    I’m at Fort Lauderdale Airport and September is the slowest month…not much need to jet fuel here…running sub 30% normal flights now.
    Not many folks coming here with the lockdown and nothing to do…sedate in big trouble..
    And that’s with a TROUBLE

  19. supertard please publish more on ur blog i need to swip material for my blog on Wed, 23rd Sep 2020 9:47 am 

    then i can generate passive income 10 yrs from now

    everyone please respect supertard

  20. Superstard Muzzie lover on Wed, 23rd Sep 2020 10:00 am 

    How many muzzie wuzzies does it take to muzzle a fuzzy wuzzy muzzie?

  21. Lord Buckethead on Wed, 23rd Sep 2020 10:02 am 

    Covid 20 muzzie sharts!

  22. Arse bandit on Wed, 23rd Sep 2020 10:03 am 

    Muzzie fuzzy muzzie was a woman?

  23. A number of Taliban prisoners who were released by the Afghan government as a condition for peace talks have taken up arms again, top official Abdullah Abdullah said Tuesday. on Wed, 23rd Sep 2020 10:35 am 

    proof that no harvesting works?

    then what name should we give to proof of harvesting in china

    congratulations to supertard bochen777, china did good with harvesting

  24. Abraham van Helsing on Wed, 23rd Sep 2020 10:52 am 

    WHIEY POWA !! WHITEY POWA !!

    WHITEY IS DOOMED BECAUSE HIS WHITENESS
    IS A SOCIAL CONSTRUCT AND PROVIDES
    NO LOGICAL JUSTIFICATION
    FOR NEOCOLONIALISM.

  25. “I just wanted to express myself and my feelings with Sema dance,” said Fahima Mirzaie, a 24-year-old economist. She recently danced alongside male members on Wed, 23rd Sep 2020 11:26 am 

    “I just wanted to express myself and my feelings with Sema dance,” said Fahima Mirzaie, a 24-year-old economist.

    But Afghanistan is not widely accepting of this mystical interpretation, and Sufism as well as dancing and singing were both rejected by the Taliban

    interesting wonder what will happen to these muzz

  26. zero juan on Wed, 23rd Sep 2020 11:32 am 

    More asshole JuanP flooding the forum with his mental illness. At least the lunatic could let others get a word in edgewise. Mods, please ban this egotistical abomination:

    “I just wanted to express myself and my feelings with Sema dance,” said Fahima Mirzaie, a 24-year-old economist. She recently danced alongside male members said “I just wanted to express myself and my feelings w…

    Abraham van Helsing said WHIEY POWA !! WHITEY POWA !! WHITEY IS DOOMED…

    A number of Taliban prisoners who were released by the Afghan government as a condition for peace talks have taken up arms again, top official Abdullah Abdullah said Tuesday. said proof that no harvesting works? then what name sho…

    Arse bandit said Muzzie fuzzy muzzie was a woman?

    Lord Buckethead said Covid 20 muzzie sharts!

    Superstard Muzzie lover said How many muzzie wuzzies does it take to muzzle a f…

    supertard please publish more on ur blog i need to swip material for my blog said then i can generate passive income 10 yrs from now…

    Davy said Woof. Woof. Woof.

    Arms depot of Iran-backed Hezbollah explodes in Lebanon, source says said how many muzz arms cache in western countries harv…

    what the deal with notorious RGB anyways she is just a muzzie lover just like whitey supertard sunweb said muzzie lovers gonna love convict 19 death rate aft…

  27. Davy on Wed, 23rd Sep 2020 11:56 am 

    Woof!

  28. Pakistan court halts terror suspect’s extradition to US on Wed, 23rd Sep 2020 12:55 pm 

    harvesting all our muzz soon?

  29. now robots are taking the knee what is going on with this world absolutely under any condition one takes a knee except for (((supremetard))) on Wed, 23rd Sep 2020 1:00 pm 

    death rate after turgid 2^N N=17 years

    after ozard convict-19 is 2^N N>18 years

  30. Abraham van Helsing on Wed, 23rd Sep 2020 2:30 pm 

    EU just decided on a new migration policy. The communist, US-loving media call the policy “Fortress Europe”.lol

    https://www.spiegel.de/politik/deutschland/eu-migrationspakt-so-soll-die-festung-europa-aussehen-a-1edd8b13-c97b-460a-8357-fca54bc844b2

    “So soll die Festung Europa aussehen”
    (This is how Fortress Europe will look like).

    Solution: the EU no longer tries to distribute the undesirables over entire Europe, which is a win for Eastern Europe; they will be left off the hook and not be punished financially. Invaders will be intercepted at the border and processed immediately. People from low-risk countries will be locked-up and repatriated. From the Dutch immigration office IND, unofficial figures state that merely 2% are bonafide refugees, the rest are just well-fare tourists. These are going to be sent back to their shit-holes.

    This year only 140k illegals made it in the EU, which is peanuts on 500 million. This 140k number will be further reduced. Lefties and aid organisations are mad, which is a good sign!

    European politics knows if they don’t change course, they will lose power via the ballot box, front-line state Italy first.

    America is losing its grip on Europe. It remains to be seen if America can escape from the growing grip of Europe instead. The majority of white America is sick and tired of America… in its current state. They will be loyal Europeans in the near future.

    Yee-haw!

  31. muzz-19 is just a sentry on Wed, 23rd Sep 2020 3:03 pm 

    ww2 was fought entirely by a few surveillance aircrafts. once the enemies is sighted they admitted defeat

    same way muzz-19 is working in the body

  32. the entire battle of stalingrad from beginning to end lasted just 2 seconds on Wed, 23rd Sep 2020 3:08 pm 

    once russian stomovic detected the 6th army, field marshall/at the time was a general fredereic paulus promtly surrended

    some historians disagree but only on technicality concerning the length of the battles. general concensus seems to indicate a battle that last 5 seconds, longer than my number

  33. Abraham van Helsing on Wed, 23rd Sep 2020 3:16 pm 

    “With echoes of Brexit, Swiss set to vote on immigration”

    https://edition.cnn.com/2020/09/23/europe/switzerland-immigration-vote-walkup-intl/index.html

    Misleading headline. If you read the article you see that the Swiss will likely vote down the proposal and opt for closer union with the EU. At some point they simply will give up resistance and join.

    (That sound of despair you hear is from commenter “Hello” who just jumped from an alp)

  34. I AM THE MOB on Wed, 23rd Sep 2020 5:25 pm 

    Germany gives up on renewables energy

    Old green power plants seek to regenerate as Germany turns off subsidies

    https://www.reuters.com/article/us-climate-change-germany-renewables-ana-idUSKCN26E0T9

    Its over the oil is running out and soon the collapse of global society will ensue!

    The UN green new deal is a farce bigger than Covid plandemic

    https://www.reuters.com/article/us-climate-change-germany-renewables-ana-idUSKCN26E0T9

    And then its game on! Survival of the fittest! NO LAWS, NO RULES! EVERY MAN, WOMAN AND CHILD FOR THEMSELVES!

  35. ILoveFeminisnJustJoking on Wed, 23rd Sep 2020 6:00 pm 

    And then its game on! Survival of the fittest! NO LAWS, NO RULES! EVERY MAN, WOMAN AND CHILD FOR THEMSELVES!

    This guy understand what nature is really about. Oil has allowed the creation of modern civilization. Amazing the amount of cunts we have as ministers in Quebec. Quality man have abandoned society and transferred the control to women. Let see how good women are in position of leadership.

    I dont like Peterson. but the comments section is worth reading if you are looking for a man perspective on feminism,

  36. ILoveFeminisnJustJoking on Wed, 23rd Sep 2020 6:02 pm 

    I dont like Peterson. but the comments section is worth reading if you are looking for a man perspective on feminism,

    https://www.youtube.com/watch?v=LH16ympCb7Q

  37. Abraham van Helsing on Wed, 23rd Sep 2020 6:26 pm 

    Abraham van Helsing on Wed, 23rd Sep 2020 2:30 pm

    Didn’t make that post. or any of the others for that matter.

    I have the greatest respect for communists, and communisms. Safe to say, if not for the communist health care programs I have access to, not to mention food and rent assitance, I would have died decades ago on a street corner somewhere. In fact, some of my best, and only friend, are communists as well. Hi Dave! Communism helps pay for my subsidized apartment in this wonderful social assisted housing tower complex I live in. Though I wish they would not play that loud African music at all hours. I can bearly hear myself think about hydrogen! My goodness. I should have a talk with my North African brothers about that. Anyhow, communism also pays for my internet, and all my medical care and much more besides. And best of all, since I dont have to work, It frees up my time to post here on PO.com, 24/7 about topics having nothing whatsoever to do with Peak Oil. Or even resource depletion in any way. Which I dont beleive in anyhow, since I know the Lord has blessed the Earth with infinite resources and energy.

    So yes, comrades, I heartily approve of communism, so dont let Ozark daves fake posts try to convince you otherwise.

    Solution: Stop playing your games Ozark Dave and stealing my name like you have dozens of times in this thread alone.

    I may be losing my grip on my own name and sock names too!. It remains to be seen if Davy will stop pretending to be me and making all these ridiculous posts in my name. Trying to make me appears as some kind of imbecile that has no idea what he is talking about is not very mature behavior now is it Davy?

  38. I AM THE MOB on Wed, 23rd Sep 2020 7:39 pm 

    Anxiety grows as China’s Three Gorges dam hits highest level

    https://www.theguardian.com/world/2020/aug/20/china-three-gorges-dam-highest-level-hydro-electric-floods

    That damn burst its game over for the Chinese economy and likely government. Total chaos.

    LOL

  39. Abraham van Helsing on Thu, 24th Sep 2020 3:23 am 

    Mobbie lies:

    “Germany gives up on renewables energy”

    The opposite is true.

    That damn burst its game over for the Chinese economy and likely government. Total chaos.

    LOL

    This is how too many Americans are.

    And now it is all over. Eurasia has millions of BLM IEDs planted all over America, that could all go off simultaneously on November 4. No need to out-compete America with carriers, nukes, jets, planes, whatever. The Trojan horse is already inside.

    The last regime change, this one not organized by George Soros.

    Oh wait, unintentionally it IS organized by the George Soros gang, that was responsible for opening up America for mass third world immigration since 1965.

    https://www.researchgate.net/publication/321318694_Jewish_Involvement_in_Shaping_US_Immigration_Policy

    Expect the Soros gang to have to suffer enormous blow-back. American problem solved, JQ solved.

  40. Abraham van Helsing on Thu, 24th Sep 2020 3:36 am 

    “Posted on September 13, 2020Why I Am (Reluctantly) Voting For Trump

    The alternative is worse.”

    https://www.amren.com/blog/2020/09/why-i-am-reluctantly-voting-for-trump/

  41. Abraham van Helsing on Thu, 24th Sep 2020 3:51 am 

    “‘I wish Harry luck, he’s gonna need it!’ Trump’s jab at Prince as he says he is ‘not a fan of’ Meghan Markle after the pair ‘told Americans to vote president out'”

    https://www.dailymail.co.uk/news/article-8766219/Trump-slams-Meghan-Markle-says-not-fan-says-wishes-Prince-Harry-luck.html

    The despicable lapdog and white sell-out Windsor-Harry gets a kick in a place where it hurts.

    Best-rated readers comment:

    “Katy- 94, London, United Kingdom, 10 hours ago

    Well done Trump – totally agree!”

    Pro: 10,000
    Con: 300

  42. Davy on Thu, 24th Sep 2020 4:00 am 

    “China Pork Reserves At Risk Of ‘Running Out In Months’ As Prices Soar”
    https://www.zerohedge.com/commodities/china-pork-reserves-risk-running-out-months-prices-soar

    “China could be on the brink of exhausting its massive frozen pork reserves as the country’s pig herd is wiped out by African swine fever. Declining reserves are particularly bad news for the Communist Party of China, which is worried that it might not be able to prevent another destabilizing surge in prices. For more color on China’s strategic pork reserves, Enodo Economics, a London-based consultancy firm, quoted by the Financial Times, said reserves fell by 452,000 tons from Sept. 2019 to Aug. 2020. This means the country’s pork reserves are at dangerously low levels. It’s unclear how much of China’s latest pork imports have been diverted to state stockpiles – but Diana Choyleva, Enodo’s chief economist, said China has about 100,000 tons of frozen pork left in reserves, and “at this rate, within two to three months they’ll be out.” FT notes the reserve numbers provided by Enodo are in-line with a recent livestock report via US agricultural attaché in Beijing that said, “pork reserves appear to have been mostly depleted by the third quarter of 2020.”

  43. Abraham van Helsing on Tue, 29th Sep 2020 12:05 am 

    “And with the International Air Transport Association not expecting air travel to get back to pre-virus levels until 2024“

    Hahaha, according to RiggedZone, BAU will return by 2024. Sure thing.LOL

  44. Abraham van Helsing on Tue, 29th Sep 2020 12:12 am 

    Anti-white battering-ram and media super-kike bill maher foaming at the mouth… because he knows his cards are weak:

    https://www.infowars.com/shes-a-fing-nut-bill-maher-melts-down-over-trumps-likely-scotus-pick-barrett/

    “‘SHE’S A F***ING NUT’: BILL MAHER MELTS DOWN OVER TRUMP’S LIKELY SCOTUS PICK BARRETT“

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