European Snapshot: Plentiful Imports Lift Regional Tank Levels

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The steady flow of jet fuel cargoes into UK ports lifted European stocks above 9 million tons in April. Plentiful supplies from the Middle East and Asia boosted UK tank levels above 1 million tons — nearly 40% higher than the year-earlier mark. Stocks in Germany and Spain climbed around 10% above March levels, while tanks in other European countries were largely unchanged. European refiners churned out nearly 3 million tons of jet fuel, and another 3 million tons flowed into regional ports as cargo imports.

Jet Fuel, Energy Storage
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