Jet Fuel Prices: Current Jet A1 Prices, Benchmarks and Market Drivers
Jet fuel prices are influenced by crude oil benchmarks, refinery economics, regional supply and demand, inventories, transportation costs and disruptions across international aviation fuel markets. This page provides a practical reference for understanding current jet fuel pricing, historical movements, benchmark relationships and the factors that influence Jet A-1 pricing for commercial buyers.
Current Jet Fuel Prices
Published market reference indicators can help buyers understand the direction of jet fuel markets. These indicators should not be interpreted as firm international Jet A-1 commercial quotations.
Jet Fuel
EIA reference price
Brent Crude
International crude oil reference
Jet A-1
International commercial pricing
Jet Fuel Price Benchmarks
Jet fuel does not have one universal global price. Market participants use different regional assessments, crude benchmarks and refined-product indicators depending on the location, trading hub and transaction structure.
Crude Oil Benchmarks
Brent and WTI provide important crude-oil reference points. Changes in crude prices can influence refinery economics and the underlying cost of producing aviation fuel.
Refined Product Assessments
Regional jet-fuel and middle-distillate assessments provide a closer indication of refined-product market conditions than crude benchmarks alone.
Regional Market Differentials
Location, refinery availability, import requirements, inventories and regional demand can cause meaningful differences between aviation fuel markets.
FOB and CIF Pricing
Commercial Jet A-1 pricing can differ depending on whether the transaction is priced at the loading point or includes freight, insurance and delivery to the destination.
Volume and Contract Terms
Quantity, delivery schedule, contract duration, payment structure, specification and loading location can all affect the applicable commercial level.
Freight and Logistics
For delivered supply, vessel availability, freight, insurance, terminal costs and destination logistics can materially affect the final landed cost.
Historical Jet Fuel Prices
Historical pricing helps buyers identify market cycles, volatility and major price movements. The table below uses a consistent published EIA reference series so that historical comparisons remain meaningful.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.031 | 2.262 | 3.697 | 3.928 | 3.943 | 3.042 | 3.403 | 3.724 | — | — | — | — |
| 2025 | 2.347 | 2.264 | 2.069 | 1.976 | 1.928 | 2.094 | 2.244 | 2.024 | 2.089 | 2.154 | 2.258 | 1.965 |
| 2024 | 2.585 | 2.683 | 2.593 | 2.605 | 2.380 | 2.394 | 2.419 | 2.176 | 1.982 | 2.068 | 2.065 | 2.097 |
What Drives Jet Fuel Prices?
Jet fuel pricing is determined by a combination of crude oil, refining conditions, regional product balances and physical logistics. Understanding these factors is more useful than relying on a single headline price.
01. Crude Oil Prices
Crude oil is the primary feedstock for conventional petroleum refining. Changes in major crude benchmarks can therefore influence refined aviation fuel economics, although the relationship is not one-to-one.
02. Refinery Output
Refinery maintenance, outages, utilization rates and changes in product yields can reduce or increase the availability of aviation fuel in regional markets.
03. Inventories
Stocks held across refineries, terminals and supply networks provide an important buffer. Falling inventories can increase sensitivity to further supply disruptions.
04. Aviation Demand
Airline activity, passenger demand, cargo operations and seasonal travel patterns influence regional aviation fuel consumption and procurement requirements.
05. International Trade
Jet fuel moves through international trading hubs and import-dependent markets. Changes in export availability, shipping routes or trade flows can alter regional pricing.
06. Freight & Logistics
For delivered fuel, freight, insurance, terminal handling, storage and destination logistics can increase the spread between a loading-point price and the final landed cost.
07. Geopolitical Risk
Conflicts, sanctions, infrastructure disruptions and restrictions affecting major production or export regions can create rapid changes in physical fuel availability and regional price differentials.
08. Regional Supply Balance
A market can experience tight aviation fuel conditions even when global supply appears adequate. Local refinery output, imports, stocks and transportation capacity determine the physical balance available to buyers.
How Jet A-1 Pricing Is Determined
A commercial Jet A-1 price cannot be established from a single public benchmark alone. A buyer-specific indication depends on the product specification, pricing reference, origin, loading location, quantity, delivery basis, freight and other commercial conditions.
See the dedicated Jet A-1 pricing page for FOB and CIF pricing, price units, buyer requirements and factors affecting a commercial Jet A-1 indication.
Need Current Jet A-1 Pricing?
If you are evaluating a Jet A-1 purchase, submit your quantity, destination, preferred delivery basis and required timeframe. Pricing and availability can then be reviewed against the applicable commercial conditions.
Pricing Notice: Market reference prices displayed or referenced on this page are provided for informational and analytical purposes and should not be interpreted as firm Jet A-1 commercial quotations. Actual international Jet A-1 pricing can vary according to benchmark methodology, product specification, quantity, origin, loading location, destination, freight, insurance, storage, payment terms, timing, market conditions and other applicable commercial terms. Firm commercial offers are subject to confirmation.