Europe expects Q4 jet-fuel deficit of 510,000 bpd

Europe faces an estimated fourth-quarter jet fuel deficit of 510,000 barrels per day after Middle East disruptions eliminated roughly half of the region's imports. Buyers are relying on South Korea, Nigeria, the United States and Canada. South Korean shipments reached about 129,000 barrels per day in September, the highest since October 2022. Energy Aspects forecasts a United States surplus of 18,000 bpd and an Asia-Pacific surplus of 419,000 bpd, cited via Reuters. Wider price spreads make shipments to Europe more profitable. Low inventories at the Amsterdam-Rotterdam-Antwerp hub add concern; one account put independent jet fuel stockpiles there at a seven-year low for the week ending September 10. No factual disputes appear in the record. Left-rated coverage links the shortfall to war on Iran, highlights South Korea plugging the gap. The right-rated outlet leads on the 510,000 bpd figure, surplus forecasts and Middle East tensions sustaining overseas cargo demand. The story broke on bitget.com on September 20, then reached a left-rated outlet five hours later and a right-rated outlet five hours after that.