Javier Blas: U.S. refiners ramp up jet fuel output as margins soar

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Olga Shendetskaya

06.05.2026

Javier Blas: U.S. refiners ramp up jet fuel output as margins soar — U.S. refiners boost jet fuel output

Javier Blas, industry influencer, reports that U.S. refiners are significantly increasing jet fuel production to address a global shortage and benefit from record high margins.

According to Blas, seasonal output in 2026 leads all years since 2000, while 2020 and 2021 remain notable outliers due to the Covid pandemic’s impact.

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Blas previously pointed to oil futures implying improving supply in coming weeks while physical prices remain high, suggesting near-term sensitivity to disruptions (read more). He also reported that West Texas natural gas prices fell to record lows near minus $10 per mBtu, forcing producers to pay to offload supply (full story). The recent ramp-up in jet fuel output comes as volatility persists across key energy segments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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