Europe Faces 510,000 b/d Jet Fuel Deficit as South Korea Sends Record Cargoes
Europe is heading into the fourth quarter with an estimated 510,000 b/d jet fuel deficit as Middle East supply disruption drains inventories. South Korea has emerged as a major replacement supplier, sending about 129,000 b/d to Europe in September — the highest level since October 2022 — and strengthening the long-haul product tanker trade.
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