4 Sep 2020

JBC in the Media - Reuters

"'Overall (jet fuel) storage levels, including those on water, have failed to come down, suggesting that on a global level jet supply remains broadly too high,' said Philip Jones-Lux, energy market analyst at consultancy JBC Energy.

'While blending into diesel has proved to be an effective outlet, the overall middle distillate picture is becoming increasingly worrisome and low cracks will be keeping refinery utilisation constrained in key middle-distillate-producing facilities.'"