JET FUEL — SINGAPORE KEROSENE (PLATTS)
Singapore jet kerosene spot price (MOPS). Benchmark for Asian aviation fuel — directly tied to Hormuz crude flows.
71 monthly data points from 2021-02-01 to 2026-03-31.
Current$195.19/bbl
Change+0%
All-Time High$225.44/bbl (2026-03-14)
All-Time Low$67.20/bbl (2021-02-01)
2024 Avg$98.00/bbl
Data Points71
ALL-TIME (2021–2026)
Full history. Dashed line = 2024 average ($98.00/bbl).
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    95 ┤─ ─ ─ ─╭─╮│ ─ ─ ─ ─ ─ ─ ─╰──╯ ─ ─ ─ ─ ─ ╰╮─ ─╭─╮─ ─│─ ─ ─ ─ ─ ─ ─ ─ ─   baseline
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       └──────────────────────────────────────────────────────────────────────
        2021-02                            2024-02                     2026-03
1-YEAR
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        2025-06                            2026-03                     2026-03
CONTEXT
Jet fuel (kerosene-type) is refined from crude oil — no commercial substitute at scale.
Singapore MOPS is the benchmark for Asia-Pacific aviation fuel pricing.
Gulf crude (Saudi, UAE, Iraq, Kuwait) supplies ~60% of Asian refinery feedstock. Hormuz closure eliminates this supply, forcing refiners to compete for Atlantic basin crude at premium.
Previous record: $173/bbl (June 2022, post-Ukraine). Current crisis level exceeds Ukraine peak by 30%.
Airlines pass ~60-80% of fuel cost increases to passengers within 2-4 weeks.
Crack spread (jet fuel premium over crude) widens in crisis — refineries cannot increase kerosene yield fast enough.
Source: EIA / S&P Global Platts via IndexMundi. Original data $/gallon × 42 = $/barrel.
Updated monthly. 71 data points since 2021-02-01.
LinkedIn · rmn [at] project45.pl
If you find errors, want to suggest additions, or have data that should be here — write me.