Europe’s jet-fuel supply outlook is improving as demand is expected to ease in November and more fuel shipments arrive. However, smaller airports could still face shortages if supply chains are disrupted again.
Shipments from Asia should reduce the risk of shortages but prices were likely to remain high, trade intelligence company Kpler told Euronews.
Europe has turned to South Korea, Nigeria and the US for fuel shipments following the conflict in the Middle East. These additional imports have prevented a widespread physical shortage and should help Europe for the rest of the year.
Kpler identified the UK and France as the European markets most vulnerable to renewed disruption. While fuel supplies may be sufficient overall, this does not guarantee that it will reach every airport and smaller airports would be the first to face shortages if deliveries are disrupted again.
