Jet fuel prices rise, nearing 2022 levels
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Econbrowser reports that jet fuel prices have increased recently . Econbrowser notes that the current jet fuel price is close to the levels seen in 2022, based on EIA data through October 9 . Econbrowser adds that IATA data through October 16 also reflects this upward trend .
Why it matters. Higher jet fuel costs could affect airlines' operating expenses, according to Econbrowser .