Par Pacific CEO: Demand for jet fuel is 'starting to improve and show signs of life'

13 April, 2021

Par Pacific CEO Joe Israel reported demand for jet fuel is "starting to improve and show signs of life", which is allowing refiners to "drop less jet into diesel which will eventually provide well-needed relief on distillate stock" (Reuters, 07-Apr-2021). In combination with "healthy" demand for diesel, this will "likely drive global distillate crack spreads up" said Mr Israel.