Commodity Market Report
Genscape weekly European market signposts - Jet imports wane as floating flotilla builds
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
This weekly update integrates Genscape’s proprietary monitoring of near-term data with Wood Mackenzie's Product Markets Short-Term analysis to provide insight to the fast-changing European oil products markets. Given the forecast weak jet fuel demand and surge of recent imports, jet floating storage volumes could exceed the total ARA jet storage volumes in the coming weeks. The implications of this product overhang for jet fuel crack spreads and overall refinery margins is extremely negative, capping any upside potential and limiting the return of ‘normal’ production levels in the near term.
Table of contents
- European jet imports wane as floating flotilla builds
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Onshore storage
- Floating storage flotilla builds
- Imports to slow on growing jet overhang
- Weekly European market signposts
Tables and charts
This report includes the following images and tables:
- ARA jet fuel storage
- NW Europe jet fuel floating storage
What's included
This report contains:
