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

A ground crew member connects a fuel hose to a Deutsche Lufthansa Airbus A321 aircraft at Tegel airport in Berlin on March 13, 2019. Foto: Bloomberg/Krisztian Bocsi

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.

Straight-run kerosene, usually processed into jet fuel, is now being used to make very low-sulfur fuel oil for the maritime industry amid a plunge in consumption by airlines. Higher than normal amounts of diesel and vacuum gas oil are also finding their way into shipping fuel...

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