Northeast Asia’s Jet Fuel Flows to Europe Surge ...Middle East

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Northeast Asia’s Jet Fuel Flows to Europe Surge
source : OILPRICE ( Middle East ) () 41
High European jet fuel prices amid fears of Middle East supply disruptions prompted oil traders to ship in June the highest volumes in a year of jet fuel from South Korea and China to Europe. These flows from Northeast Asia to Europe were estimated at a total of about 3 million barrels last month, according to trade sources and vessel-tracking firms who shared their data and insights with Reuters. For most of last month, amid elevated concerns about supply flows due to the 12-day Israel-Iran war, the price of physical jet fuel in Northwest Europe…

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