European Jet Fuel Storage Nears Capacity Amid Unprecedented Import Surge
Jet fuel inventories in Europe's Amsterdam-Rotterdam-Antwerp (ARA) hub have reached their highest level since the pandemic. Stocks rose to 1.54 million tonnes, a peak not seen since July 2020, driven by a massive influx of fuel. The surge in imports, particularly from the Middle East and India, is overwhelming regional storage capacity. This situation is unfolding just ahead of the peak summer travel season. The market structure is also incentivizing traders to hold onto fuel, further straining the system.
Official Source: https://aircargoweek.com/jet-fuel-hits-european-capacity/
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