Global Overview
During May 2026, kerosene prices exhibited an upward trend, supported by firm energy demand, stable refinery utilization rates, and rising crude oil values. Consumption from aviation support services, residential heating applications, industrial operations, and transportation sectors contributed to stronger procurement activity. Supply conditions remained generally balanced; however, higher feedstock costs and sustained downstream demand reinforced positive pricing momentum across key regions during the month.
North America Kerosene Prices Movement May 2026
In North America, kerosene prices increased during May 2026, reaching USD 1.17/KG, reflecting a 3.5% upward movement compared to the previous period. Rising crude oil costs and steady demand from industrial users, heating applications, and transportation-related sectors supported stronger purchasing activity. Consistent refinery operations maintained adequate supply availability, while higher feedstock expenses and active procurement patterns contributed to the price increase observed throughout the month.
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We Also Provide News and Historical Data of Kerosene:
- Historical kerosene price assessments across major global regions.
- Monthly, quarterly, and annual pricing trend analysis.
- Regional and global supply-demand developments.
- Comparative pricing evaluations among major energy-consuming regions.
- Historical datasets for procurement and strategic planning.
- Forecast comparisons and long-term trend assessments.
- Customized pricing intelligence reports tailored to specific business requirements.
What is Kerosene?
Kerosene is a combustible hydrocarbon liquid derived from the fractional distillation of crude oil. It is a middle-distillate fuel positioned between gasoline and diesel in the refining process. Kerosene is widely used as a heating fuel, lighting fuel, industrial solvent, and aviation fuel component. Its clean-burning characteristics, energy efficiency, and versatility make it valuable across residential, commercial, industrial, and transportation applications. The product remains an important energy source in regions where alternative fuels may be less accessible or economically viable.
Factors Affecting Kerosene Prices
- Crude oil price fluctuations.
- Refinery operating rates.
- Demand from heating and industrial sectors.
- Aviation-related fuel consumption.
- Seasonal weather conditions.
- Transportation and logistics costs.
- Inventory levels across fuel distribution networks.
- Energy regulations and taxation policies.
- Supply chain disruptions.
- Global energy demand trends.
Supply and Prices Overview – May 2026
Global kerosene supply remained generally balanced during May 2026 as refiners maintained stable production levels and crude oil availability remained adequate. Demand from residential, industrial, and transportation sectors supported steady consumption patterns. Rising feedstock costs and consistent procurement activity strengthened pricing sentiment, contributing to moderate upward price movements in several key regions, including North America.
Kerosene Price Index
The kerosene price index moved upward during May 2026, reflecting stronger energy demand and increasing feedstock costs. North America recorded an assessed price of USD 1.17/KG, accompanied by a 3.5% increase over the previous period. Positive pricing momentum was supported by stable refinery activity, balanced supply conditions, and higher crude oil values throughout the month.
Recent News – May 2026
During May 2026, energy producers and refiners continued focusing on operational efficiency, fuel supply optimization, and infrastructure improvements. Industry participants monitored crude oil supply developments and evolving energy consumption patterns while investing in modernization projects to enhance refining performance. Fuel distribution companies also expanded efforts to strengthen supply chain resilience and improve operational reliability.
Kerosene Price Trend – May 2026
Kerosene prices followed an upward trend during May 2026. Rising crude oil costs, steady downstream demand, and balanced refinery production levels supported higher pricing across major consuming regions. Procurement activity remained healthy throughout the month, while stable supply conditions prevented excessive volatility. These factors collectively contributed to the 3.5% increase recorded in North America.
Future Outlook for Kerosene
The outlook for kerosene remains cautiously positive, supported by ongoing demand from heating, industrial, and transportation sectors. Future price movements are expected to remain influenced by crude oil trends, refinery operating rates, and seasonal consumption patterns. Infrastructure investments and evolving energy policies may also affect supply dynamics and pricing conditions in the coming months.
Current Demand for Kerosene
Current demand for kerosene is primarily driven by residential heating, industrial fuel applications, aviation support operations, lighting requirements, and commercial energy consumption. Consistent utilization across multiple sectors continues to support stable consumption levels. Demand remains particularly significant in regions where kerosene serves as an important fuel source for heating and industrial activities.
Uses of Kerosene
- Residential heating fuel.
- Industrial fuel applications.
- Aviation fuel blending.
- Lighting fuel.
- Agricultural equipment operations.
- Commercial heating systems.
- Cleaning and solvent applications.
- Emergency energy supply systems.
- Cooking fuel in certain regions.
- Specialized industrial processes.
Key Coverage:
- Market Analysis
- Market Breakup by Region
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Price Analysis
- Price Trends by Region
- Factors influencing the Price Trends
- Competitive Landscape
- Recent Developments
How IMARC Pricing Database Can Help
The latest IMARC Group study, “Kerosene Prices, Trend, Chart, Demand, Market Analysis, News, Historical and Forecast Data 2026 Edition,” presents a detailed analysis of Kerosene price trend, offering key insights into global Kerosene market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.
The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Kerosene demand, illustrating how consumer behavior and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.
About Us:
IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.
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