Additional pressure on the market stems from U.S. diesel inventories, which have fallen to record seasonal lows. The combination of supply disruptions and low inventories is increasing overall operating costs for airlines.
Tuesday, October 20, 2026
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Commodities11 days ago
Jet fuel costs in Los Angeles have risen to $4.91 per gallon while New York reaches $4.95 on tightening global supplies. These rates are the highest for those cities since April and March respectively, driven by Ukrainian strikes on Russian refinery infrastructure and reduced shipments of refined products from the Middle East.

Additional pressure on the market stems from U.S. diesel inventories, which have fallen to record seasonal lows. The combination of supply disruptions and low inventories is increasing overall operating costs for airlines.
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