#American Oil Refining #Airplane Fuel #Bloomberg #Crude Oil #Middle East #Hormuz #JetFuel #Energy #Economy #TimKiemTop
If the Strait of Hormuz is truly blocked for a few weeks, global airline ticket prices could increase so dramatically that tourism and logistics will suffer.
While the world was still focusing on Brent oil prices, US oil refineries quietly switched to "printing money" with Jet Fuel. According to data from Bloomberg Opinion and the US EIA, the proportion of crude oil converted into aviation fuel has increased to about 12.7% of total output, the highest level in history.
What is noteworthy is that jet fuel only accounts for about 7.5% of total global oil demand but is extremely sensitive to war, transportation disruptions and international travel demand. Just a shortage of a few hundred thousand barrels/day is enough to cause prices to increase sharply.
TABLE OF FLUCTUATIONS IN AIRCRAFT FUEL SUPPLY
Situation Area
US Strongly increases Jet Fuel output
Iran - Hormuz Risk of oil transportation disruption
Europe Concerned about lack of jet fuel supply
Asia Airlines increase operating costs
✈️ The US currently adds about 250,000 barrels of jet fuel per day compared to the same period last year. Meanwhile, the Hormuz area is at risk of losing up to 400,000 barrels/day to the market. This gap makes American refining and petrochemical corporations almost the biggest beneficiaries.
COMPANIES IN THE ATTENTION
Enterprise Advantage
Valero Energy Large oil refining system in the US
Marathon Petroleum Increases Jet Fuel margins
Phillips 66 Optimizing jet fuel output
ExxonMobil Benefits from an integrated oil and gas chain
Rising aviation fuel prices often lead to rapid increases in air ticket prices. A round-trip international flight can cost from 1,500,000 VND to more than 6,000,000 VND depending on the route if the crisis lasts.
Interestingly, AI, data centers and electronics supply chains are also indirectly making the energy war hotter. As economies accelerate the shipping of chips, servers, electronics and global trade, demand for cargo aviation also increases.
THE MARKET SHOWS ARE VERY STRONG
Impact Factor
Middle East conflict pushes up fuel prices
Lack of transport ships Logistics pressure
Travel Recovery Increases Jet Fuel Demand
AI and Data Center Increase freight transport
In this context, many experts are starting to believe that the AI war is no longer just about NVIDIA chips or data centers, but is turning into a real war about oil, LNG, electricity and strategic minerals.
A small change in the Middle East can now shake the global aviation, logistics, technology and stock markets in just a few days.
#JetFuel #Petrochemical Refining #Petroleum #AI #NVIDIA #DataCenter #GlobalEnergy #WorldEconomy #BloombergOpinion #Today's Trends
