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Kerosene Prices, Demand and Supply Overview
Singapore paid the most for kerosene in Q2 2026: USD 0.771/KG, up 3.1% from USD 0.748 in Q1.
Kerosene is a refined petroleum middle distillate produced through the atmospheric distillation of crude oil, sitting between naphtha and diesel in the refining cut. Jet A-1 aviation turbine fuel is by far the largest volume grade, alongside smaller petrochemical intermediate and illuminating kerosene markets.
Because it comes directly from crude distillation rather than from a further chemically converted stream, kerosene pricing tracks crude oil costs closely, with refining margins and regional demand adding a secondary layer of variation on top.
Singapore serves as the key Asian pricing benchmark for jet fuel given its position as a major regional refining and bunkering hub, while the UAE's pricing reflects its role as both a producer and a major aviation transit hub.
India remained the most affordable origin tracked in this report, trading roughly 4% below Singapore through Q2 2026. Procurement teams sourcing across borders should factor that spread against their own freight and duty costs before comparing landed price.
Key Price Drivers
- Crude oil prices, the primary and most direct cost driver given kerosene's position in the distillation cut
- Air travel demand and airline capacity growth, the largest single end use through jet fuel
- Regional refining capacity and margins
- Seasonal demand patterns tied to travel volumes
Kerosene Price Forecast for 2026
Expect steady gains across all four markets through H2 2026 as air travel demand continues its post-pandemic normalisation and crude costs firm modestly.
Singapore should retain its position as the regional benchmark, with any shift in Asian refining capacity closely watched for its effect on the broader market.
Crude oil price movements remain the dominant swing factor to monitor, given kerosene's direct distillation relationship to crude.
Taken together, the 4 markets in this report averaged a 3.4% increase quarter on quarter through the first half of 2026, a pace we expect to broadly continue barring a shift in the underlying cost or demand picture described above.
| Region | 2026 Price Range (USD/KG) | Outlook |
| Global Average | 0.736 - 0.812 | Balance of regional supply and demand conditions |
| United States | 0.735 - 0.811 | Steady growth in domestic and international air travel demand met firm crude costs |
| Singapore | 0.748 - 0.825 | The region's role as the key Asian jet fuel benchmark kept pricing tightly aligned with broader regional refining margins |
| India | 0.720 - 0.794 | Rapidly growing domestic air travel demand kept Indian pricing firming |
| United Arab Emirates | 0.742 - 0.819 | Strong aviation transit hub demand supported a firm quarter in step with the broader global increase |
For the Quarter Ending June 2026
Kerosene Prices Q2 2026:
- United States: USD 0.758/KG
- Singapore: USD 0.771/KG
- India: USD 0.742/KG
- United Arab Emirates: USD 0.765/KG
Kerosene Prices in United States
United States reached USD 0.758/KG in Q2 2026, steady growth in domestic and international air travel demand, placing it the 3rd most expensive across the 4 regions covered in this report.
Why did the price of Kerosene change in Q2 2026 in United States?
Steady growth in domestic and international air travel demand met firm crude costs, supporting another incremental gain, leaving United States running roughly 0.1% below the 4-region average for the quarter.
Kerosene Prices in Singapore
Singapore rose 3.1% to USD 0.771/KG in Q2 2026, the region's role as the key Asian jet fuel, putting it the priciest of the 4 markets tracked this quarter.
Why did the price of Kerosene change in Q2 2026 in Singapore?
The region's role as the key Asian jet fuel benchmark kept pricing tightly aligned with broader regional refining margins, with Singapore now sitting about 1.6% above the 4-region average this quarter.
Kerosene Prices in India
USD 0.742/KG. That is where India landed in Q2 2026, up 3.8% from USD 0.715/KG in Q1 2026, making it the most affordable of the 4 markets tracked here this quarter.
Why did the price of Kerosene change in Q2 2026 in India?
Rapidly growing domestic air travel demand kept Indian pricing firming, even as it remained the most competitive of the four markets, which puts India roughly 2.2% below the average across the 4 regions this report tracks.
Kerosene Prices in United Arab Emirates
United Arab Emirates's price gained 3.4% to USD 0.765/KG, strong aviation transit hub demand supported a firm quarter, ranking it the 2nd most expensive among the 4 markets this report follows.
Why did the price of Kerosene change in Q2 2026 in United Arab Emirates?
Strong aviation transit hub demand supported a firm quarter in step with the broader global increase, working out to United Arab Emirates trading about 0.8% above this quarter's 4-region average.
For the Quarter Ending March 2026
Kerosene Prices Q1 2026:
- United States: USD 0.732/KG
- Singapore: USD 0.748/KG
- India: USD 0.715/KG
- United Arab Emirates: USD 0.740/KG
Kerosene Prices in United States
United States reached USD 0.732/KG in Q1 2026, crude costs firmed modestly as the year opened carrying, placing it the 3rd most expensive across the 4 regions covered in this report.
Why did the price of Kerosene change in Q1 2026 in United States?
Crude costs firmed modestly as the year opened, carrying through to a steady early-year gain, leaving United States running roughly 0.2% below the 4-region average for the quarter.
Kerosene Prices in Singapore
Singapore rose 1.6% to USD 0.748/KG in Q1 2026, regional refining margins held firm supporting a modest early-year, putting it the priciest of the 4 markets tracked this quarter.
Why did the price of Kerosene change in Q1 2026 in Singapore?
Regional refining margins held firm, supporting a modest early-year increase, with Singapore now sitting about 1.9% above the 4-region average this quarter.
Kerosene Prices in India
USD 0.715/KG. That is where India landed in Q1 2026, up 1.7% from USD 0.703/KG in Q4 2025, making it the most affordable of the 4 markets tracked here this quarter.
Why did the price of Kerosene change in Q1 2026 in India?
Growing domestic aviation demand supported a firm start to the year, which puts India roughly 2.6% below the average across the 4 regions this report tracks.
Kerosene Prices in United Arab Emirates
United Arab Emirates's price gained 1.6% to USD 0.740/KG, steady transit hub demand carried prices modestly higher as, ranking it the 2nd most expensive among the 4 markets this report follows.
Why did the price of Kerosene change in Q1 2026 in United Arab Emirates?
Steady transit hub demand carried prices modestly higher as the new year began, working out to United Arab Emirates trading about 0.9% above this quarter's 4-region average.
Quarterly Kerosene Price Trends
The global average climbed steadily across the window, from USD 0.688/KG in Q1 2025 to USD 0.759 by Q2 2026, a gain of 10.4% over six quarters.
| Quarter | Price (USD/KG) | QoQ Change | Direction |
| Q2 2026 | 0.759 | +3.4% | ↑ Rising |
| Q1 2026 | 0.734 | +1.6% | ↑ Rising |
| Q4 2025 | 0.722 | +1.6% | ↑ Rising |
| Q3 2025 | 0.710 | +1.6% | ↑ Rising |
| Q2 2025 | 0.699 | +1.6% | ↑ Rising |
| Q1 2025 | 0.688 | - | - Stable |
| Q3 2026 | In Progress | - | - In Progress |
What was Kerosene Price in 2025?
2025 was a steadily firming year for kerosene. Starting near USD 0.688/KG in Q1, the global average finished the year at USD 0.722, a 5.0% increase across the four quarters.
Kerosene Prices in United States in 2025
United States prices moved from about USD 0.685/KG in Q1 2025 to USD 0.720 by Q4, up roughly 5.1%, leaving United States in 3 place among the 4 tracked markets heading into the new year.
Kerosene Prices in Singapore in 2025
Singapore prices moved from about USD 0.702/KG in Q1 2025 to USD 0.736 by Q4, up roughly 4.9%. That left Singapore ranked 1 of 4 tracked markets heading into 2026.
Kerosene Prices in India in 2025
India prices moved from about USD 0.668/KG in Q1 2025 to USD 0.703 by Q4, up roughly 5.2%, placing India 4 of 4 tracked markets as 2025 closed out.
Kerosene Prices in United Arab Emirates in 2025
United Arab Emirates prices moved from about USD 0.695/KG in Q1 2025 to USD 0.728 by Q4, up roughly 4.8%. United Arab Emirates closed the year ranked 2 of the 4 markets this report tracks.
How We Can Help
Expert Market Research: Your Source for Real-Time Kerosene Price Intelligence
Tracking kerosene prices means tracking what actually moves them: crude oil (distillation) costs, regional demand shifts, and the policy decisions that touch both. Our team maintains that view across every region in this report, refreshing it as conditions change.
Rather than a single static figure, our forecasts blend capacity data, feedstock cost trends, and demand signals from across the regions we cover, built specifically to support procurement budgeting and supplier negotiations.
Reach out to our analysts for a deeper regional breakdown, historical data extending beyond the six quarters shown here, or a custom kerosene sourcing analysis tailored to your specific procurement footprint.
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Key Questions Answered in the Report
Kerosene is a refined petroleum middle distillate produced through the atmospheric distillation of crude oil, sitting between naphtha and diesel in the refining cut. Jet A-1 aviation turbine fuel is by far the largest volume grade, alongside smaller petrochemical intermediate and illuminating kerosene markets.
In Q2 2026, it averaged USD 0.758/KG in United States, USD 0.771/KG in Singapore, USD 0.742/KG in India, USD 0.765/KG in United Arab Emirates, with Singapore the priciest of the 4 markets tracked in this report.
The global average moved from USD 0.722/KG in Q4 2025 to USD 0.734 in Q1 2026, then to USD 0.759 by Q2, a 5.1% increase across the two quarters.
Steady growth in domestic and international air travel demand met firm crude costs supporting another incremental gain, with similar dynamics playing out across the other regions this report tracks, each shaped by its own local mix of supply and demand.
Expect steady gains across all four markets through H2 2026 as air travel demand continues its post-pandemic normalisation and crude costs firm modestly.
Singapore commands the highest price of the 4 markets in this report, while India runs the most affordable. Local production economics, import exposure, and demand strength drive most of that gap, and the ranking is not fixed from quarter to quarter.
Crude oil prices, the primary and most direct cost driver given kerosene's position in the distillation cut; Air travel demand and airline capacity growth, the largest single end use through jet fuel; Regional refining capacity and margins, along with broader macroeconomic conditions across the 4 regions this report tracks.
Kerosene is a refined petroleum middle distillate produced through the atmospheric distillation of crude oil, sitting between naphtha and diesel in the refining cut. Jet A-1 aviation turbine fuel is by far the largest volume grade, alongside smaller petrochemical intermediate and illuminating kerosene markets.
Kerosene is a distinct refined product cut, most importantly Jet A-1 aviation turbine fuel, which trades on its own supply and demand balance tied specifically to air travel activity and refining capacity, even though its underlying cost is anchored to crude oil pricing.
Monthly, though our analysts flag any material shift in feedstock costs or regional demand as soon as it emerges.
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