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Global jet fuel prices fall for 2nd consecutive week

Average dropped from previous week’s lowest prices since Iran war began

Jay AelickbyJay Aelick
May 18, 2026
in Fuel & Sustainability
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The global average price of jet fuel dipped by 0.2% week over week to $162.55 per barrel for the week ending May 15. It was the second consecutive decrease after the price fell to $162.89 per barrel on average — the lowest since the Iran war began Feb. 28 — for the week ending May […]

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Tags: fuelInternational Air Transport Association (IATA)IranPremium
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