Nearly 900,000 tonnes of jet fuel from Asia are scheduled to arrive in Europe in the coming months, according to trade intelligence company Kpler. The shipments should reduce the risk of shortages, but prices are likely to remain high, said George Shaw, Kpler’s senior insight analyst for distillate markets.
“Jet fuel will likely be subject to higher prices, especially as it is deeply linked to the diesel market, which is becoming even tighter and experiencing record prices recently,” Shaw told Euronews.
