Europe faces a forecast 510,000-bpd Q4 jet-fuel DeficitDeficit refers to shortfall in the balance of trade, balance of payments, or government budgets. The term belongs in Level 7 because it helps connect macro conditions, policy, o...Read More as ARA inventories hit a seven-year low and South Korean supply rises.
Europe is forecast to face a 510,000-barrel-per-day jet-fuel deficit in the fourth quarter as Iran-war disruption continues to constrain Middle Eastern supply, Reuters reported, citing Energy Aspects. Independently held StocksStocks refers to ownership securities representing claims on companies and traded across equity markets. The term belongs in Level 7 because it helps connect macro conditions, p...Read More at the Amsterdam-Rotterdam-Antwerp hub fell to a seven-year low in the week to September 10. South Korean shipments to Europe reached about 129,000 bpd so far in September, their highest rate since October 2022. The deficit remains a forecast, but low inventories leave Europe exposed to further disruption and higher refined-product costs.
