Jet fuel is now so cheap it is being blended for use by ships

The fuel used to power airplanes is usually one of the most expensive oil products in the market, but with travel restrictions and the coronavirus keeping passenger planes grounded, the fuel is now being used as a blending component for the typically cheaper shipping fuel.
Photo: Elaine Thompson/AP/Ritzau Scanpix
Photo: Elaine Thompson/AP/Ritzau Scanpix
By Elizabeth Low and Ann Koh, Bloomberg

The fuel that powers passenger planes is normally among the most expensive oil products, but in a sign of the times the coronavirus has turned it into a blending component for typically cheaper shipping fuel.

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