Jet Fuel Price Drop for Middle East and Asia: A significant drop in the cost of jet fuel in the Middle East and Asia is anticipated soon.
The prices are expected to come down around 30 cents a gallon on the monthly Arab Gulf and Singapore f Platts.
After the holiday season, it’s expected that a massive surplus of jet fuel will be glutting the market.
Experts even predict a further drop at the end of the month if the refineries continue to produce at the same volume.
