Japanese Demand Recedes After Year-End Recovery

摘要

Japan’s jet fuel demand fell back in January from a year-end spurt as domestic flights were reduced. Consumption dropped to 129,000 b/d after reaching a high point of nearly 150,000 b/d in December. Use of bonded fuel for international flights totaled 88,000 b/d, while domestic usage shrank to 129,000 b/d. Tokyo’s decision to bar overseas visitors from the summer Olympic Games will put a damper on international travel and jet demand through the summer months.