Europe Faces Q4 Jet Fuel Supply Deficit
Europe faces a fourth quarter jet fuel deficit of 510000 barrels per day. The continent relies on distant suppliers like South Korea to offset middle East supply disruptions.
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Europe faces a fourth-quarter jet fuel deficit of 510,000 barrels per day, driving imports from far-flung suppliers like South Korea. The continent's refiners are struggling to offset supply losses following disruptions in the Middle East. High import demand underscores ongoing vulnerabilities in European energy security heading into winter.
