Oireachtas Joint and Select Committees
Wednesday, 16 November 2022
Joint Oireachtas Committee on Transport, Tourism and Sport
Update on Issues in Aviation Sector: Engagement with Mr. Willie Walsh
Mr. Willie Walsh:
Typically, Brent is crude oil. It is then refined. The margin the refineries take, what we call the crack spread, is the difference in that regard. We measure that in tonnes, so the price of a tonne of Brent versus the price of a tonne of jet kerosene, or a barrel of Brent and a barrel of jet-----
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