Global aviation continues to recover and global kerosene/jet fuel demand is tracking the pattern closely. Even so, global flights are still running only 61% of pre-pandemic norms, with international travel lagging the recovery in domestic travel. China’s domestic air travel has largely normalized back to pre-pandemic norms. Recovery of flights in developing countries, such as Brazil and India, has lagged the recovery in the US, Europe, and China. Through the pandemic, global jet fuel has suffered the most of any petroleum product, and the fuel remains at a significant discount to gasoil, where it would normally be at ... (full story)