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[BUSINESS] · South Korea, Nigeria, United States, Germany, France · 8 sources

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Part of situation: European jet fuel supply and price volatility (2 clusters)

Europe jet fuel supply expected to stabilize as Asian imports arrive

jet fuel shortage kerosene prices aviation fuel supply refinery margins energy imports

Europe is expected to avoid a widespread physical shortage of jet fuel as nearly 900,000 tonnes of kerosene from Asia are scheduled to arrive in the coming months. This influx of supply is intended to mitigate risks of shortages through the final quarter of the year.

Despite the anticipated increase in supply, prices are expected to remain high. According to Kpler analyst George Shaw, jet fuel prices are closely linked to the diesel market, which has recently seen record prices and tightening supply. Last week, the average European jet fuel price reached $207.56 (€176) per barrel, a figure 27.8% above the previous month’s European average.

Rising crude oil prices and widening refinery margins have contributed to the increased costs. Europe has become more vulnerable to supply disruptions following shifts in maritime routes and production, leading the continent to diversify its imports. While it previously relied heavily on the Middle East, Europe is now increasingly sourcing fuel from South Korea, Nigeria, and the United States.

Entities

Asia · Europe · George Shaw · International Air Transport Association · Kpler

Claims

What the coverage asserts, and how many sources carry each claim.

Sources

Kerosin auf Siebenjahrestief: Was das für Flugticketpreise bedeutet - Hürriyet. de [www.hurriyet.de]
Versorgungsengpass im vierten Quartal: Europäischer Luftverkehr steht vor Kerosinknappheit [aviation.direct]
Evropa mund t’i shmanget mungesës së karburantit për aeroplanë, por aeroportet e vogla janë në rrezik [tetovasot.com]
Carburante aereo, deficit da 510mila barili: quali compagnie rischiano e perché i voli possono costare di più [quifinanza.it]
Europa könnte größere Kerosinengpässe vermeiden, doch kleinere Flughäfen bleiben gefährdet [de.euronews.com]
L'Europe pourrait éviter une pénurie de kérosène, mais les petits aéroports restent vulnérables [fr.euronews.com]
Avrupa yaygın jet yakıtı kıtlığını atlatabilir, küçük havalimanları hâlâ risk altında [tr.euronews.com]
Europe may avoid jet fuel shortage, but small airports remain at risk [www.euronews.com]