aerospace / news / / CNBC TV18
ING Research warns that a lag in fuel shipments and falling inventories could keep aviation fuel markets tight despite improving geopolitical signals.
Jet fuel prices are expected to remain high despite the reopening of the Strait of Hormuz.
KEY POINTS
- Europe faces a supply lag, as it takes weeks for Middle Eastern fuel shipments to normalize.
- Europe's jet fuel inventories are declining, increasing short-term pressure on airline operations and fares.
- Major global airlines currently have about six weeks of jet fuel reserves from earlier deliveries.
- US exports offer some relief, but cannot fully replace Europe’s lost West Asian jet fuel supply.
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