27-Feb-2009 5:15 PM
Jet fuel prices stop falling - next move is up as crude spikes
Analysis
Jet fuel spot prices stopped their precipitous falls of recent times, as the underlying WTI crude price surged 7.7% in the week ended 23-Feb-09. Further strong gains in oil prices in the past two days suggest that jet fuel prices could begin an upward march again after big falls since the second week of Jan-09.
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